Enterprise Financing Modeling Based on Information Asymmetry

摘要：

Information asymmetry is the main problem restricted small and middle-sized enterprises (SMEs) financing. This paper applies fuzzy comprehensive evaluation to design the screening model of SMEs, in order to deal with the issue of information asymmetry. The classical screening theory of Stiglitz.JosephE and the Z score method of Edwardl.Altman are used in the model designing. The model originally builds multi-level screening system, integrated the financial and non-financial indicators. Finally, analysis and evaluation of the screening model indicates that it is benefit to establish new order for the Investment and financing market.

关键词： Screening Model Design Information Asymmetry Fuzzy Comprehensive Evaluation

作者: XU Kun YANG Yi

作者单位: School of Management, Beijing Union University, P.R.China, 100101

会议类型: 国际会议

会议名称: 2009 International SME Development Forum(2009 中小企业发展国际论坛)

会议地点: 北京

会议语种:英文

页码: 782-787

在线出版日期: 2009-10-01（万方平台首次上网日期，不代表论文的发表时间）