【正文】
了我國中小型企業(yè)所面臨的籌資環(huán)境與挑戰(zhàn)。在此基礎(chǔ)上 , 本文借鑒了西方發(fā)達(dá)國家經(jīng)驗(yàn) , 立足于我國實(shí)際 , 通過調(diào)查研究提出了解決該企業(yè)籌資困境的建議 , 例如重視完善信用體系 ,拓寬籌資渠道 , 實(shí)行融資租賃 , 加大政府扶持力度等。通過種種途徑 , 相信可以使我國中小企業(yè)的籌資困境得到一定程度的改善。 關(guān)鍵詞: 中 小 企 業(yè) ; 籌 資 方 式 ; 籌資環(huán)境 ; 籌資決策北 京 交 通 大 學(xué) 畢 業(yè) 設(shè) 計(jì) ( 論 文 ) 中 文 摘 要 11 ABSTRACT Title: Small and medium enterprises funding modalities research ABSTRACT: As China joined to WTO, economics is developing at quite fast speed,medium and smallsized enterprises are playing important role. Though the several methods have been taken to help medium and smallsized enterprises development, as information between bank and enterprises isn’ t symmetrical,credit guarantee system is imperfect, financing channel is sole, the government support isn’ t enough, individual power need enhancement,financing shortage bee the most serious and important difficulty. So,medium and smallsized enterprises should analyze the internal advantages,own corepetitiveness, form distinct characteristics. This article takes medium and smallsized enterprises’ financing problem as object of study,takes “AnShun station” in Shifang of Sichuan Province for example, from the view of financing environment, financing methods, and financing decision,introduced the challenges faced by domestic medium and smallsized enterprises. Based on Chinese reality, studying foreign experiences, making several studies and surveys, I reached some suggestions for transportation enterprises, intending to afford some references when making financing decision. KEYWORDS:medium and smallsized enterprises。financing methods。financing environment。financing decision 北 京 交 通 大 學(xué) 畢 業(yè) 設(shè) 計(jì) ( 論 文 ) 目錄 12 目錄 中文摘要 ............................................................................................................................ 10 ABSTRACT ....................................................................................................................... 11 1 緒論 ................................................................................................................................ 14 研究的背景及意義 ............................................................................................. 14 研究方法與框架 ................................................................................................. 14 2 中小企業(yè)籌資方式研究綜述 ........................................................................................ 15 企業(yè)一般籌資方式及選擇影響因素 .................................................................. 15 我國中小企 業(yè)籌資困境 ...................................................................................... 15 資金缺口進(jìn)一步擴(kuò)大 ............................................................................... 15 籌資方式單一,缺乏籌資渠道 ............................................................... 16 國家貨幣“從緊”,籌資壓力加大 ....................................................... 16 直接籌資渠道受到制約 ........................................................................... 16 政府扶持力度不夠 ................................................................................... 17 中小企業(yè)內(nèi)部問題重重 ........................................................................... 17 我國中小企業(yè)的常用籌資方式介紹 .................................................................. 17 自籌資金 ................................................................................................... 17 直接籌資 ................................................................................................... 17 間接籌資 ................................................................................................... 18 政府扶持資金 ........................................................................................... 18 中小企業(yè)籌資難的原因分析 .............................................................................. 18 中小企業(yè)在信貸資金上的吸引力低 ....................................................... 18 中小企業(yè)管理者的管理水平不高且嚴(yán)重缺乏技術(shù)人員 ....................... 19 企業(yè)所有權(quán)和經(jīng)營權(quán)模糊 ....................................................................... 19 難以建立正常合理的市場秩序 ............................................................... 19 沒有專門的金融機(jī)構(gòu)為中小企業(yè)提供貸款 ........................................... 19 企業(yè)籌資方式的選擇 .......................................................................................... 19 不同資本結(jié)構(gòu)下的不同選擇 ................................................................... 19 不同資金成本下的不同選擇 ................................................................... 19 不同籌資風(fēng)險(xiǎn)的不同選擇 ....................................................................... 20 3 長治市交通運(yùn)輸公司籌資現(xiàn)狀及其分析 ..................................................................... 20 北 京 交 通 大 學(xué) 畢 業(yè) 設(shè) 計(jì) ( 論 文 ) 目錄 13 長治市運(yùn)輸交通公司的概述 .............................................................................. 20 長治市交通運(yùn)輸公司目前的籌資方式 .............................................................. 21 企業(yè)自籌資金 ........................................................................................... 21 政府撥款支持 ........................................................................................... 21 銀行貸款 ................................................................................................... 22 長治市交通運(yùn)輸公司在籌資過程中出現(xiàn)的困境 .............................................. 22 資金供需矛盾突出 ................................................................................... 22 籌資渠道單一化問題嚴(yán)重 ....................................................................... 22 銀企信息不對(duì)稱矛盾突出 ....................................................................... 22 長治市運(yùn)輸公司籌資問題的解決方案及建議 .................................................. 23 重視完善信用擔(dān)保體系 ,密切與金融機(jī)構(gòu)的合作 .................................. 23 積極改善自身籌資環(huán)境 ........................................................