An Empirical Study on the Relationship among Enterprise Sizes, Owner’s Property and Financing Constraints
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Abstract It is great difference to bear the change impact of interest rates among enterprises with different financing constraints. This paper studies the relationship between listed enterprise’s financing constraints and sizes, owner. It is found that with the expansion of size, financial constraints of China’s listed enterprise’s are increasing, which is contradictory to some research ; Owner’s property is closely related with enterprise’s financing constraints. State-owned listed enterprises are more constrained than non-state-owned listed enterprises. The stock market can restore the real financing constraints that China’s enterprises face to some extent.
ZHANG Chang-Zheng,HUANG De-Chun. An Empirical Study on the Relationship among Enterprise Sizes, Owner’s Property and Financing Constraints. Economic Survey, 2012, 1(4): 0110.
2012, Vol. 1 
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