Banking Structure and Relationship Lending to Small Business
利用深圳中小企业板上市公司数据，研究发现中国银行业市场结构与中小企业关系型贷款呈倒U型效应，经营良好但无国有背景的企业更注重银企关系，经济欠发达地区银企关系更受重视。
This paper uses the data from Shenzhen SME board listing Corporation during 2004 and 2010 to investigate the impact of China's banking market structure to the relationship of bank and small and medium- sized enterprises,with an unbalanced panel data model.The empirical results show that:(1 ) the relationship between market structure of China' s banking industry and small and medium - sized enterprises is reverse U effect;(2) the enterprises which operate in good condition,but lack of state - owned background tend to keep good relationship with Banks;(3) in the regions where economic develop less active,banks and enterprises pay more attention to bank - enterprise relationship;but the different scale banks had no significant effect on the relationship between banks and enterprises.The results show that,in our country with dual financial structure, relationship lending is an important technology for the bank lending to small and medium - sized enterprises in the regions with high concentration degree.