商业信用融资

商业信用融资是人类社会经济发展最早出现的融资方式，其先于银行信用。

Commercial credit financing is the earliest way of financing about human social and economic development , prior to bank credit .

因此，不论从商业信用融资绝对数或相对数而言，我国企业商业信用融资存在巨大的发展空间。

Therefore , both the absolute number and relative number of commercial credit financing , there is a huge space for Enterprise Business credit financing development .

中小企业商业信用融资影响因素实证分析

An Empirical Analysis of Influential Factors of SMEs Trade Credit Financing

银行贷款、商业信用融资及我国上市公司的公司治理

Bank Lending , Trade Credit and Corporate Governance in China

针对存在问题提出相应的发展建议，为俱乐部利用商业信用融资提供理论指导。

Then it put forward some development suggestions according to the existing issues to offer some theory guidelines to professional sport club for financing by applying commercial credit .

商业信用融资与增长正相关，说明中小企业融资难导致增长难时，商业信用融资成为支持中小企业增长的支撑力量。

Business credit financing has a positive correlation with growth , indicating that business credit financing become the pillars of support for SMEs growth when financing difficulties of SMEs result in growth trouble .

中小企业融资方式主要分为直接融资方式和间接融资方式，其中直接融资主要包括股票融资，债券融资，商业信用融资和风险资本融资等，而间接融资主要有银行融资，财政性融资等。

The financing methods of SMEs can be divided into direct financing methods and indirect financing methods . Direct financing methods include stock financing , bond financing , commercial-credit financing and venture capital .

第四章是对中小企业商业信用融资的进化博弈分析，通过进化博弈分析找出了中小企业商业信用融资的几个主要影响因素，并由此推导出影响中小企业商业信用融资的根本因素。

In chapter four , we analyzed SMEs trade credit financing using the method based on Evolutionary Game Theory . The main factors of SMEs trade credit financing were found and the fundamental factor was deduced .

第六章利用理论研究和实证研究的成果，对制约陕西中小企业商业信用融资发展的主要原因进行了分析，并以此为依据，提出了促进陕西中小企业商业信用融资发展的对策建议。

In chapter six , we used the results of theory study and empirical research , to analysis the main reasons for restricting development of Shaanxi SMEs ' trade credit financing , and put forward reasonable suggestions for it .

商业信用融资不仅具有融资便捷性、低成本性、风险易控性等特点，且利用程度是社会经济发展的衡量指标之一。

Commercial credit financing have many metrics , such as the convenience of financing , low-cost , easily to control the risk and so on , the utilization of the commercial credit financing is one of the socio-economic development of metrics .

第五章是对陕西中小企业商业信用融资影响因素的实证研究，通过实证分析证实中小企业的自身素质是影响陕西中小企业商业信用融资的重要因素，但是各项具体素质又有着不同的影响力。

Chapter five was main about the empirical research on the factors of SMEs trade credit financing . Through empirical analyses , we find that SMEs ' self-quality is an important factor influencing SMEs trade credit financing , and different quality has different influence power .

商业信用；融资性动机；非正规金融；中小企业；

Trade credit Financing motivation Informal financing Medium and small firms ;

论商业信用投融资决策

Investment and Fund raising Decision of Commercial Credit

在以往研究中，未对研究对象是否受到信贷配给作出区分的情况下，直接研究商业信用对企业融资约束的缓解作用，容易低估企业所获得的商业信用对其融资约束的缓解程度。

In previous studies researchers did not make a distinction whether the enterprises are subject to credit rationing and they directly study the effect of trade credit to ease financing constraints .

对于需要融资的企业来说，金融租赁是与企业内源融资、银行贷款、股票融资、商业信用，项目融资等相并列的一种可选择的融资方式。

It is called " the sunrise industry " . For the enterprise that needs finance , the financial leasing is a kind of optional financing way that is paratactic with the enterprise endogen financing , the bank loan , stock financing , the commercial credit and project financing .

商业银行信用证贸易融资业务风险研究

Risks Study on Trade Finance under Letter of Credit to Commercial Bank

商业信用：基于企业融资动机的实证研究

Trade Credit : An Empirical Investigation from Corporate Financing Motivate

其融资顺序为：股权融资、商业银行信用、商业信用融资、留存收益和财政性融资。

Its order of financing is : stock financing , credit of commercial bank , commerical credit financing , retaining incomes and finance financing .

针对零售商资金不足这一关键性问题，提出应加大对零售商业的信贷力度，重视发展商业信用融资制度。

Confronted with the key problem of the retailer capital insufficiency , the credit of retailing should be strengthened , and the commercial credit financing system development should be emphasized .

实证结果显示：（1）相比较于2006年，在金融危机全面爆发的2008年，上市公司会减少商业信用的供给总量，增加净商业信用融资量。

There are three results : 1.We found that at the beginning of financial crisis ( 2008 ), listed companies reduce the total supply of commercial credit , and increase the amount of net commercial credit financing .

本题分四部分展开论述：第一部分，通过对商业信用的特性及其运动规律的论述，分析商业信用对经济增长的作用，并揭示商业信用的融资功能；

The article is divided into four parts : First part , through the argumentation of characteristics and operation rule of commercial credit , analyses the effects of commercial credit to economic growth , announcing the financing function of commercial credit ;