中小企业融资效率的影响因素研究—以新三板挂牌中小企业为例摘要：近年来我国的经济呈现出新的发展面貌，不断壮大的中小企业对经济发展和社会稳定起着举足轻重的促进作用。然而，由于中小企业具有高成长和高经营风险的特点，融资困难成为了当前中小企业发展遇到的普遍性问题，也是中小企业在发展的过程中不可避免的难题。因此对中小企业融资问题进行研究具有很强的现实意义。本文主要分为四个部分，第一部分是绪论，简单介绍了选题的研究背景、研究意义、研究思路以及国内外研究成果等。第二部分概述了中小企业融资理论和融资效率研究的基本内涵和理论基础，主要是阐述国内外中小企业融资的现状以及当前研究中小企业融资效率的理论方法。第三部分是对新三板中小企业融资现状、融资效率以及影响因素所存在的问题进行分析，发现其存在融资渠道单一、融资成本高、融资需求匹配度低等问题。第四部分着重分析影响新三板挂牌中小企业融资效率的因素,并对如何提升新三板中小企业融资效率给出一些建议，以期解决中小企业融资问题，使其更好地促进国民经济更健康的发展。关键词：中小企业；融资效率；新三板；分析；问题；建议ResearchonInfluencingFactorsofFinancingEfficiencyofSmallandMedium-sizedEnterprises——TakeSMEslistedontheNewThirdBoardasanexampleAbstract:Inrecentyears,China'seconomyhastakenonanewlookofdevelopment.Thegrowingsmallandmedium-sizedenterprisesplayanimportantroleinpromotingeconomicdevelopmentandsocialstability.However,becauseSMEshavethecharacteristicsofhighgrowthandhighoperationalrisk,financingdifficultieshavebecomeacommonprobleminthedevelopmentofSMEs,andalsoaninevitableprobleminthedevelopmentprocessofSMEs.Therefore,itisofgreatpracticalsignificancetostudythefinancingproblemofsmallandmedium-sizedenterprises.Thispaperismainlydividedintofourparts.Thefirstpartisanintroduction,whichbrieflyintroducestheresearchbackground,significance,researchideasandresearchresultsathomeandabroad.ThesecondpartoutlinesthebasicconnotationandtheoreticalbasisofSMEfinancingtheoryandfinancingefficiencyresearch,mainlyelaboratesthecurrentsituationofSMEfinancingathomeandabroadandthecurrenttheoreticalmethodsofSMEfinancingefficiencyresearch.Thethirdpartistoanalyzethecurrentfinancingsituation,financingefficiencyandinfluencingfactorsofSMEsinthenewthirdboard.Itfindsthattherearesomeproblemssuchassinglefinancingchannel,highfinancingcost,lowmatchingdegreeoffinancingdemandandsoon.ThefourthpartfocusesonthefactorsaffectingthefinancingefficiencyofSMEslistedonthenewthirdboard,andgivessomesuggestionsonhowtoimprovethefinancingefficiencyofSMEslistedonthenewthirdboard,inordertosolvethefinancingproblemsofSMEsandbetterpromotethehealthydevelopmentofthenationaleconomy.Keywords:SMEs;financingefficiency;newThirdBoard;analysis;problems;suggestions摘要......................................................................IAbstract.................................................................II一、绪论.................................................................13（一）研究背景及意义.....................................................131．研究背景..............................................................132．研究意义..............................................................13（二）国内外研究综述.....................................................141．国外研究现状..........................................................142．国内研究现状..........................................................153．国内外文献评述........................................................15（三）研究内容和方法....
