网络融资缓解互联网小微企业融资困境的作用机制分析-analysis on the function mechanism of internet financing in alleviating the financing difficulties of internet small and micro enterprises.docxVIP

万方数据 万方数据 Abstract The main problem faced by small and micro enterprises Internet in the development process is the problem of financing, and the nature of the financial problem of asymmetric information between the Internet small and micro enterprises and financial institutions. Internet between small businesses and financial institutions and information asymmetry of information asymmetry can be divided into pre-and post asymmetric information categories, respectively, in the credit markets will lead to adverse selection hidden information beforehand and afterwards to hide information or actions moral hazard, these two acts have a profound impact on the difficulty and cost of Internet financing small and micro enterprises. Internet-related small businesses to voluntarily share information in the communication process, and information sharing mechanism Internet platform, making the Internet of small and micro businesses soft information to hard information. Based on the theory of information economics profound described above, the network model of how to solve the problem of financing small and micro enterprises in the Internet financing process of asymmetric information, so as to solve the internet problem of small micro-enterprise financing difficulty. This paper analyzes the financing difficulties of small micro-enterprise Internet and their causes. It analyzes the characteristics and financing difficulties of financing small and micro enterprises in Chinas Internet. Then from the Internet of small and micro enterprises and financial institutions were analyzed angle causes of financing difficulties. Then based on information economics theory to analyze the influence of the Internet network financing difficulties of small micro-enterprise financing. This paper discusses the net credit financing model for the impact of adverse selection (due to prior information asymmetry caused) problems, and network financing model for the moral credit risks (due to the ex post i