政治关系、制度背景对银行贷款的影响

发布时间：2018-05-19 14:17

本文选题：政治关系 + 银行贷款　；参考：《东北师范大学》2016年硕士论文

【摘要】：随着改革开放地深入,民营企业迅速发展并成为中国经济的重要组成部分,然而由于我国市场化改革不够完善,制度缺失,政府仍然控制着大部分资源,因此在我国国有、民营二元经济格局下,民营企业明显处于相对弱势地位。为了促进自身的发展,民营企业积极建立政治关系谋求更好的发展环境,而获取银行贷款则是民营企业建立政治关系最主要的动机之一。本文主要研究了政治关系是否充当了一种非正式制度帮助民营企业获取银行贷款。首先本文回顾了关于政治关系定义、度量及其对银行贷款研究的国内外文献,发现政治关系的不同类别对企业获取银行贷款的影响效果不同,而企业制度背景的不同会使政治关系对民营企业贷款的影响产生差异。然后,本文以我国2008年至2013年在沪深交易所上市的所有民营企业为样本,检验了政治关系对民营企业长、短期银行贷款的影响,以及这种影响在不同的制度背景下的差异。研究发现,我国有近25%的民营上市公司存在政治关系；存在政府官员型政治关系的企业更能获取银行长期贷款；在金融发展水平低下、法治水平低下以及政府干预程度高的地区企业就更加依赖政府官员型政治关系来获取银行贷款,而且主要是长期贷款。
[Abstract]:With the deepening of reform and opening up, private enterprises have developed rapidly and become an important part of the Chinese economy. However, due to the imperfect market-oriented reform and the lack of institutions, the government still controls most of the resources, so it is state-owned in our country. Under the pattern of private dual economy, private enterprises are obviously in a relatively weak position. In order to promote their own development, private enterprises actively establish political relations to seek a better development environment, and obtaining bank loans is one of the main motives for private enterprises to establish political relations. This paper mainly studies whether the political relationship acts as an informal system to help private enterprises to obtain bank loans. First of all, this paper reviews the domestic and foreign literature on the definition, measurement and research of bank loans. It is found that different types of political relations have different effects on enterprises' access to bank loans. The different background of enterprise system will make the influence of political relationship on private enterprise loan different. Then, taking all the private enterprises listed on the Shanghai and Shenzhen Stock Exchange from 2008 to 2013 as samples, this paper examines the influence of political relationship on the long-term and short-term bank loans of private enterprises, and the differences of this influence under different institutional background. It is found that nearly 25% of the private listed companies in China have political relations, that enterprises with political relations with government officials are more able to obtain long-term bank loans, and that the level of financial development is low. Regional firms with low levels of rule of law and high levels of government intervention rely more on government officials' political connections to secure bank loans, mainly long-term loans.
【学位授予单位】：东北师范大学
【学位级别】：硕士
【学位授予年份】：2016
【分类号】：D0;F832.4;F276.5

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