CAJ | 학술논문

以2001—2011年我国2373家上市公司为研究样本，检验了政治关联和银行关系对其银行贷款可获得性的影响。研究结果显示：对于所有的上市企业而言，政治关联和银行关系均有助于增强其银行贷款的可获得性，但同时具有两种关系反而不利于企业获得银行贷款；对于国有企业而言，建立政治关联或银行关系均有利于其获得长期贷款，但对短期贷款的获得没有显著影响；对于民营企业而言，政治关联有利于其获得长期借款，银行关系能显著增强其获得短期贷款的能力。
이2001—2011년아국2373가상시공사위연구양본，검험료정치관련화은행관계대기은행대관가획득성적영향。연구결과현시：대우소유적상시기업이언，정치관련화은행관계균유조우증강기은행대관적가획득성，단동시구유량충관계반이불리우기업획득은행대관；대우국유기업이언，건립정치관련혹은행관계균유리우기획득장기대관，단대단기대관적획득몰유현저영향；대우민영기업이언，정치관련유리우기획득장기차관，은행관계능현저증강기획득단기대관적능력。
This paper uses the loan data of 2373 listed companies during 2001-2011 to study the influences of political connection and bank rela tion on firm＇s ability to get bank loan. The results show as follows：either political connection or bank relation helps to enhance the firm＇s ability to get bank loan,but having both of two connections is not a good idea;for state-owned enterprises,both political connection and bank relation help to get more long-term loans, but don＇t have big influence on short term loans ; for private enterprises, political connection helps to get more long term loans,while bank relation helps to get more short-term loans.