Abstract
From the standpoint of enterprises financing cost minimization, finance contributions and efficiencies of three types of credit guarantee organizations (CGOs) are analyzed and compared. By comparation, market position and harmony developing countermeasures of three types of CGOs are put forward: policy CGOs should duratively exert dominant role in improving finance for small and medium enterprises (SMEs), mutual CGOs support financing for SMEs in enterprise clusters, and as a complement, commercial CGOs could relieve financing difficulties of SMEs.
Fund project: Humanity and Social Science Youth Foundation of Ministry of Education of China (10YJC790274), Senior Talent Foundation of Jiangsu University (10JDG104), Humanity and Social Science Foundation of Jiangsu University (JDR2010005).
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Wen, Xz., Zhang, Jw. (2013). Study on Finance Contributions and Efficiencies Comparations and Market Position of Credit Guarantee Organizations. In: Qi, E., Shen, J., Dou, R. (eds) The 19th International Conference on Industrial Engineering and Engineering Management. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-38442-4_20
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DOI: https://doi.org/10.1007/978-3-642-38442-4_20
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