Analysis on Financing Difficulties for SMEs due to Asymmetric Information

Financing is the bottleneck that restricting the development of China's small and medium enterprises. The root cause of financing difficulty for SMEs is the serious information asymmetry that exists between financial institutions, which lead to adverse selection and moral hazard. In this paper,...

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Bibliographic Details
Main Authors: Huang, Cheng, When, Ya, Liu, Zhifei
Format: PDF Document
Language:eng
Published: i-Proclaim 2014
Subjects:
Online Access:https://i-proclaim.my/journals/index.php/gdeb/article/view/174