Research on the Mitigating Effect of Supply Chain Finance on Financing Constraints of SMEs —Empirical Analysis Based on GEM Listed Companies
- DOI
- 10.2991/978-94-6463-036-7_113How to use a DOI?
- Keywords
- Supply Chain Finance; Financing Constraints; SME; GEM
- ABSTRACT
This paper studies the mitigating effect of supply chain finance on SMEs’ financing constraints using data of GEM-listed companies from 2013 to 2020 for empirical analysis. Furthermore, SMEs are grouped based on their regions, and the quality of information disclosed to investigate the differences in the mitigating effects of supply chain finance on the financing constraints. The study results demonstrate that SMEs’ financing constraints in China are widespread, especially in the non-eastern region and SMEs with lower disclosure quality. Supply chain finance can mitigate the financing constraints of SMEs, which is more significant among SMEs in the eastern region of China and SMEs with lower information disclosure quality. Finally, some suggestions are proposed based on the research conclusions to mitigate the financing constraints of enterprises.
- Copyright
- © 2022 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Zijing Huang PY - 2022 DA - 2022/12/31 TI - Research on the Mitigating Effect of Supply Chain Finance on Financing Constraints of SMEs —Empirical Analysis Based on GEM Listed Companies BT - Proceedings of the 2022 2nd International Conference on Economic Development and Business Culture (ICEDBC 2022) PB - Atlantis Press SP - 766 EP - 772 SN - 2352-5428 UR - https://doi.org/10.2991/978-94-6463-036-7_113 DO - 10.2991/978-94-6463-036-7_113 ID - Huang2022 ER -