Research of Institutional Environment, Enterprise Market Position and Commercial Credit

摘要

This paper explores the changes in institutional environment and corporate market position, and how the differences in institutional environment and market position will affect commercial credit. Based on this, this paper selects the listed companies traded in Shanghai and Shenzhen Stock Exchange in 2013-2016 as a sample for empirical analysis. The results show that the higher the market position, the more commercial credits are available and provided; the institutional environment is better and market-oriented In areas with high levels, it is easier to obtain commercial credit. Finally, according to the research conclusions, corresponding countermeasures are proposed.