中小企业会计信息质量与融资联盟的影响因素研究

Influencing Factors of SMEs’Accounting Information Quality and Financing Alliance

在紧缩货币政策环境下,银行贷款额降低,提高会计信息质量可降低小企业所面临融资联盟的风险。使用商业信誉融资联盟,能够缓解其所面临的融资限制问题。会计信息质量差是影响中小企业融资联盟的关键性因素,会计信息质量高低会直接影响中小企业融资联盟的依据,质量越低,其在融资联盟过程中所发挥的作用就越小,中小企业所面临的风险就越大;反之,质量越高,其可促进中小企业融资联盟的速度,降低风险;信贷在我国货币政策传导机制中占据了主导地位,货币政策环境紧缩降低了中小企业面临负债的风险,通过压缩货币政策环境来实现融资联盟的配给。

Under the tightening monetary policy environment,bank loans are reduced,and high quality of accounting information can reduce the risk of financing alliances of small businesses.The use of commercial credit financing alliances can alleviate the financing restrictions.The poor quality of accounting information is a key factor affecting the financing alliance of SMEs.The quality of accounting information will directly affect the basis of the SME financing alliance.The lower the quality,the smaller the role it plays in the financing alliance process,the greater the risk they face.Contrarily,the higher the quality,the speed of financing alliances for SMEs can be promoted so as to reduce risks.Credit occupies a dominant position in China’s monetary policy transmission mechanism,and the tightening of the monetary policy environment reduces the risk of SMEs.Monetary policy environment can be compressed so as to realize the rationing of financing alliances.