Enterprise financing decision-making under information asymmetry
- Lin Tao
- Corresponding Author
- Lin Tao
Available Online November 2014.
- https://doi.org/10.2991/emss-14.2014.14How to use a DOI?
- information asymmetry; small and medium enterprise financing; informal finance; new pecking order theory
- in enterprise financing process, information asymmetry is a very outstanding problem influencing financing of small land medium enterprises. For China, information asymmetry existing in small land medium enterprises seriously affects defective, convenient and fast financing of such enterprises. Through theoretical discussion of financing decision-making and activities under information asymmetry of enterprises (especially small land medium enterprises), this paper analyzes various effects of information asymmetry on enterprise financing and then proposes the countermeasures and methods to solve enterprise financing problem under information asymmetry.
- Open Access
- This is an open access article distributed under the CC BY-NC license.
Cite this article
TY - CONF AU - Lin Tao PY - 2014/11 DA - 2014/11 TI - Enterprise financing decision-making under information asymmetry BT - 2014 International Conference on Economic Management and Social Science (ICEMSS 2014) PB - Atlantis Press SN - 2352-5398 UR - https://doi.org/10.2991/emss-14.2014.14 DO - https://doi.org/10.2991/emss-14.2014.14 ID - Tao2014/11 ER -