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,...
Main Authors: | , , |
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Format: | PDF Document |
Language: | eng |
Published: |
i-Proclaim
2014
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Subjects: | |
Online Access: | https://i-proclaim.my/journals/index.php/gdeb/article/view/174 |