CAJ | 학술논문

信用担保减少了信贷配给问题,却增加了担保机构风险。对企业及其项目进行意会信息生产的关系型融资能部分弥补当前担保机构只注重财务信息和抵押品所产生的信息缺口,在我国经济转型时期有着阶段性适用特征。因此,关系型融资是担保机构克服与中小企业信息不对称的制度安排。文章通过构建信息生产模型创新性地解释了担保机构进行全面信息生产有利于风险控制与担保决策,与关系型融资相适应的担保机构组织设计可以提高担保决策中的信息准确性。
신용담보감소료신대배급문제,각증가료담보궤구풍험。대기업급기항목진행의회신식생산적관계형융자능부분미보당전담보궤구지주중재무신식화저압품소산생적신식결구,재아국경제전형시기유착계단성괄용특정。인차,관계형융자시담보궤구극복여중소기업신식불대칭적제도안배。문장통과구건신식생산모형창신성지해석료담보궤구진행전면신식생산유리우풍험공제여담보결책,여관계형융자상괄응적담보궤구조직설계가이제고담보결책중적신식준학성。
Credit guarantee increases its own risk while reducing credit rationing.Tacit information about enterprises and their project produced by relational financing that has a characteristic of application in our economic transformation can make up for information gap for guarantee agencies emphasizing on the financial information and collateral,which is an institutional arrangement for guarantee agencies to overcome the information asymmetry with SMEs.The paper builds a model about information production to explain that a comprehensive information production is useful for credit guarantee institutions in decision-making and risk control,the organizational innovation with relational financing improves the accuracy of information.