信息环境现代化与“小银行优势”

The Modernization of Information Environment and the“Small Bank Advantage”

通过考察信息环境现代化对“小银行优势”的影响,并从银企交往和银企距离这两项“小银行优势”机制机理中的关键环节及影响因素入手检视其影响机制。结果表明,“小银行优势”随着信息环境的现代化程度的提升而减弱。信息环境的现代化通过丰富企业信息内容和硬化企业“软信息”,改变了中小企业信息的“软硬”结构,拓展了非交往性企业信息获取方式,从而削弱了银企交往作为企业“软信息”获取方式的重要性,也削弱了空间距离造成的各种隔阂在其中的阻碍性,进而使亲近用户、善从交往以获取“软信息”的中小银行渐失其“小银行优势”的产生基础,反之缓解了大银行的比较劣势。这意味着随着信息环境的现代化发展,大小银行在缓解中小企业融资约束上的差异将被削弱,大银行也将拥有基于其自身特点缓解中小企业融资约束的施展空间。上述结论丰富了“小银行优势”的信息经济学内涵,也为现代信息技术条件下有效发挥不同银行的作用提供了政策启示。

This paper investigates the influence of the modernization of information environment on the“small bank advantage”,andit examines the influencing mechanism by analyzing the key aspects and influencing factors of bank-firm interactions and bank-firm distance within the mechanism of“small bank advantage”.The research findings suggest that the significance of the“small bank advantage”diminishes as the degree of modernization in the information environment increases.The modernization of the information environment has transformed the information structureof small and medium-sized enterprises(SMEs)by enriching corporate information and strengthening the“soft information”of enterprises.It has also expanded non-interactive methods of obtaining corporate information.As a result,the importance of bank-firm interactions,as a means of accessing“soft information”from enterprises has been diminished.In addition,the obstacles caused by spatial distance have been weakened.Consequently,SMEs which are close to clients and good at receiving“soft information”gradually lose the foundation of“small bank advantage”.This in turn mitigates the comparative disadvantage of big banks.This indicates that with the development of a modernized information environment,the disparities between large and small banks in alleviating financing constraints for SMEs will be weakened.Based on their own characteristics,big banks will have more rooms to alleviate financing constraints of SMEs.These findings enrich the information economic implicationsof“small bank advantage”and offer policy insights for different banks to effectively playing their roles under the conditions of modern information technology.