制度环境，国有产权与银行差别贷款.pdfVIP

制度环境，国有产权与银行差别贷款 江伟 （暨南大学会计系，广东 广州 510632） 李斌 （厦门大学会计系，福建 厦门 361005） 内容摘要：本文具体考察了我国国有银行在对不同性质的公司发放长期贷款时是否存在 着差别贷款，以及在不同的制度环境下，国有银行在发放长期贷款时的差别贷款行为是否有 所不同。研究结果表明，相对民营上市公司，国有上市公司能获得更多的长期债务融资；进 一步的研究发现，在政府干预程度比较低的地区以及金融发展水平比较高的地区，国有银行 对不同性质公司的差别贷款行为有所减弱。这一研究成果不仅丰富了国内外学者对国有银行 差别贷款行为的相关经验研究，而且有助于我们更加深入的理解导致国有银行差别贷款行为 的制度根源。 关键词：政府干预 金融发展 差别贷款 Institutional Environment, State Ownership and Bank Lending Discrimination Jiang Wei (Accounting Department, Jinan University, Guangzhou 510632) Li Bin (Accounting Department, Xiamen University, Xiamen 361005) Abstract: This paper examines whether there is bank lending discrimination among firms of different nature when they obtain long-term debt from state-owned banks in China, and whether the degree of bank lending discrimination would change in different institutional environment. The empirical results show that, relative to private listed companies, state-owned listed companies have more access to long-term debt; Whats more, in areas where the extent of government intervention is lower, or in areas where the level of financial development is higher, the degree of bank lending discrimination among firms of different nature is weakened. These results not only enrich the related study on bank lending discrimination, but also help to deeply understand the institutional roots which induce bank lending discrimination. Key words: government intervention financial development lending discrimination 通讯地址: 江伟：广州市黄埔大道西 601 号暨南大学会计系 510632 李斌：厦门大学 1272 信箱 361005 联系方式：江 伟： Email: jw