CAJ | 학술논문

依据2010-2012年957个民营上市公司的面板数据，考量金融发展、银行关联与民营企业贷款之间的关系。结果发现，在金融发展不均衡的背景下，民营企业会通过银行关联来获得更多的贷款数额，特别是在金融发展水平相对较低的地区，银行关联对民营企业贷款的影响更加显著。因此，金融市场监管者应进一步深化金融体制改革，加快落后地区金融市场化的进程，拓宽民营企业融资渠道，降低民营企业融资成本。
의거2010-2012년957개민영상시공사적면판수거，고량금융발전、은행관련여민영기업대관지간적관계。결과발현，재금융발전불균형적배경하，민영기업회통과은행관련래획득경다적대관수액，특별시재금융발전수평상대교저적지구，은행관련대민영기업대관적영향경가현저。인차，금융시장감관자응진일보심화금융체제개혁，가쾌락후지구금융시장화적진정，탁관민영기업융자거도，강저민영기업융자성본。
Based on an analysis of the empirical data of 957 private companies listed from 2010 to 2012, it shows that under the background of imbalanced financial development, private enterprises will obtain more loans through Bank dummies, particularly, the bank loans in those areas where financial development level is relatively low; the financial market regulators should further deepen the reform of the financial system, accelerate the process of financial liberalization in less developed areas, broaden the financing channels of private enterprises, and reduce the private enterprise financing cost.