An Empirical Evidence from the RelationshipLending of SMEs from Dong-guan City in China

摘要

Based on the detailed literature review which involving relationship loan theory and relative empirical study, we find that empirical study only considered the impact of relationship on loan pricing, surprisingly, without empirical test of effectiveness of relationship loan. We intend to contribute to this challenging problem by applying multiple logistic regressions with researching data of SMEs financing of Dong-guan city in 2007. This paper provides direct evidences for the existence of relationship loan from both corporate and banking, at the same time, studies the impact of Bank-enterprise cooperation on Bank loans availability. In the basis of the above, there are two suggestions for the development of SMEs and financial institutions in the littoral province. Of China.