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Institutional innovation:the Fundamental to solve the difficulties of financing among small and medium-sized private enterprises

He Ju-lian Zhao Rui Tan Wen-Wu (Business school;Hunan Normal University;Changsha;Hunan410081;China)

  from the surface,the difficulty of financing among small and medium-sized private enterprises is that financing channels are narrow. But actually ,the Fundamental cause is the financing institutional obstacle. Thus,if we want to solve problems of financing among small and medium-sized private enterprises,we should see from the perspective of institutional innovation,including improving internal financing system and the financing capacity of internal resources. Meanwhile,financial department should establish flexible and effective systems of financial supervision,loan administration,collateral and improve the financial management system model to provide institutional channels for small and medium-sized private cseyanpstetietramplr i ssateonscd’ k fr i nemlaaantrcekidne tgs,;y istnhtenemo gvsoa vtiene r gpnormivveeanrtnte m sSheMonutEl dm,beasent aaegbnelcimsohue rnaat g msinyugslt tetio-mf oi n ramnnod va anctdree amttheu el a ti -c glreoevdoeidlt system environment for small and medium-sized private enterprises’ financing.……   
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