CAJ | 학술논문

本文动态分析了中国银行业、寿险业和财险业在2007-2010年的综合融资能力。分析结果表明，财险业的综合融资能力最强，银行业次之，寿险业较差。不同融资渠道方面，银行业的内部融资能力较强，寿险业的债务融资能力偏弱，财险业的权益融资能力较强，它们都存在明显的权益融资偏好。权益融资对综合融资能力的影响最大，而内部融资的影响较弱。同时，融资能力差异主要来源于行业内的差异，特别是寿险业的内部差异较大，而行业间的差异不大。
본문동태분석료중국은행업、수험업화재험업재2007-2010년적종합융자능력。분석결과표명，재험업적종합융자능력최강，은행업차지，수험업교차。불동융자거도방면，은행업적내부융자능력교강，수험업적채무융자능력편약，재험업적권익융자능력교강，타문도존재명현적권익융자편호。권익융자대종합융자능력적영향최대，이내부융자적영향교약。동시，융자능력차이주요래원우행업내적차이，특별시수험업적내부차이교대，이행업간적차이불대。
Using entropy method, dynamic evaluation, and Theil index, the fi- nancing capacity of Chinese bank and insurance market are compared from 2007 to 2010. The results show that non-life insurance has highest financial capacity, while bank is the second one and life insurance is the last one. In detail, bank has the highest interior financing capacity, life insurance is very bad in debt financing, and non-life insurance performs very well in equity financing. According with different financing channel, they prefer equity financing very much. Equity financing is most important for them, while internal financing is the worst one. From the differential analysis, the difference of life insurance is very big, while those in bank and nonlife insurance are not so big. The difference from same industries is bigger than those among difference industries. At last, we find that finance industry can break away from the financing strange circle if they develop as improving management - impro- ving profit - improving financing.