文档介绍：摘要
我国的中小企业长期面临融资难的问题,企业和政府都竭力开拓各种融资模式,试图破解这一难题。创业板的推出,将在一定程度上缓解了中小企业的融资难,激发了创投公司和其他产业资本的投资,有效拉动了民间投资,带动了风险投资资本和产业资本投向新兴科技企业、先进制造业和服务业,。
本文通过对创业板融资和其他融资模式的比较分析,着力找出创业板融资存在的问题及问题产生的原因,为政府拓宽中小企业融资渠道,解决中小企业融资难问题提供政策建议。
关键词:中小企业融资,创业板,问题,对策
ABSTRACT
The small and medium-sized enterprises facing the long-term financing difficult problem, enterprise and government attempts to develop a variety of financing mode, trying to break this problem. The launch of the gem, relieves the financing difficulties of small and medium-sized enterprises, inspired vc firms and other industrial capital investment, effectively to boosting private investment, drive the risk investment capital and industrial capital to emerging technology enterprise , advanced manufacturing and services, promoting China's economic transformation of small and medium-sized enterprises in China. For solving financing play more and more important role.
This article through to gem financing and other financing model, tries to find out parative analysis of the gem financing problems and the reasons for government widen smes' financing channel, solve the difficulty in financing smes provide policy Suggestions.
Key words: SME financing ,GEM,issue,countermeasures
目录
摘要…………………………………………………………………………………………Ⅰ
ABSTRACT……………………………………………………………………………………Ⅱ
引言…………………………………………………………………………………………1
一、我国中小企业融资模式现状分析…………………………………………………1
(一)内源性融资方面………………………………………………………………2
(二)外源性融资方面………………………………………………………………2
(三)外源融资下的创业板融资……………………………………………………3
二、中小企业融资模式比较……………………………………………………………4
(一)内源性融资……………………………………………………………………4
(二)外源性融资……………………………………………………………………5
三、中小企业创业板市场融资存在的问题及原因分析………………………………7
(一)企业将失去屏蔽,成为“透明”的公司……………………………………8
(二)存在被并购的风险……………………………………………………………8
(三)股价剧烈波动可能影响公司形象和后续筹资能力…………………………8
(四)存在被摘牌的风险……………………………………………………………9
四、完善中小企业融资模式的政策建议………………………………………………9
(一)政府应加大对中小企业的直接扶持力度……………………………………9
(二)发展风险投资…………………………………………………………………10
(三)加快中小企业融资相关法律的立法工作…………………………………