• Login
  • Register
  • Search

Research on the Financing Difficulty of Small and Medium-sized Enterprises under the Background of Internet — Based on the Perspective of Supply Chain Finance

Miao Jiang

Abstract


With the globalization and the division of labor among enterprises, the output of SMEs (small and medium-sized enterprises) has increased. At the same time, the cost of inventory and the inconsistency of the accounting period are testing the capital of SMEs. Especially in the context of the Internet, a lot of micro e-commerce companies emerge. This paper identifies that Internet supply chain finance maybe a targeted solution to the difficulty of SMEs' financing, under the background of Internet. Internet SCF has brought vigor to the financial market, which will eventually breaks the highly centralized financial system. To promote the Internet SCF, this paper provides a range of suggestions.


Keywords


Supply Chain Finance; Internet +; Small and Medium-sized Enterprises; Financing Difficulties; Financial System Reform

Full Text:

PDF

References


"China Social Financing Environment Report" Tsinghua University School of Economics and Management China Financial Research Center Financial Headlines APP New Media Enterprise Online Network Co., Ltd. and other joint releases.

Shi J, Guo J. Study on the development and domestic practice of supply chain finance from the perspective of the Internet. Journal of Xi'an Jiaotong University (Social Sciences) 2015; 35(4): 10-16. doi: 10.15896/j.xjtuskxb.201504002.

Khaled S. The role of factoring in financing UK SMEs: A supply side analysis. MCB UP Ltd 2001; 8(1).

Zheng Y. The idea and strategies of promoting the logistics finance by financial institution. Economy and Management 2006; 20(9): 31-33. doi: 10.3969/j.issn.1003-3890.2006.09.007.

David AW, Constantin B, Michael H. Focusing the financial flow of supply chains: An empirical investigation of financial supply chain management. International Journal of Production Economics 2013; 145(2).

Hu Y, Huang S. Supply chain finance: Background, innovation and concept. Research on Financial and Economic Issues 2009; (8): 76-82. doi: 10.3969/j.issn.1000-176X.2009.08.013.

Dou Y, Zhu J. Optimization decision on supply chain finance under asymmetric information. Management Review 2012; 24(9): 170-176.

Deng A, Wang K. An empirical study on credit risk assessment of SME in supply chain finance business. Credit Reference 2015; 33(9): 22-28.

Li G. Analysis of B2C supply chain finance model in the Internet finance era (in Chinese). Times Finance 2014; (1): 67-69.

Gao GX, Fan ZP, Fang X, et al. Optimal Stackelberg strategies for financing a supply chain through online peer-to-peer lending (in Chinese). European Journal of Operational Research 2018; 267(2).

Huang Z, Huang J, Li S. Empirical analysis of Internet supply chain finance supporting China's commercial circulation industry (in Chinese). Commercial Economic Research 2020; (4): 162-165.

Liang B. Survey report on the financing status of Chinese SMEs (in Chinese). Information for Entrepreneurs 2006; (1): 110-113.

Analysis report of forward-looking investment strategic planning of China's supply chain financial market. 2013-2017.

Ali Qing's "Hydrological Model" Qian Qingni. Economic Daily, 2014-2-26.




DOI: http://dx.doi.org/10.18686/fm.v5i2.1902

Refbacks