Research of Institutional Environment, Enterprise Market Position and Commercial Credit

DOI

10.2991/icmesd-19.2019.30How to use a DOI?

Keywords

Commercial credit, Market position, Institutional environment, Marketization.

Abstract

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.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Xue-Xia Xu
AU  - Yun-Piao Li
AU  - Yao-Yu Hong
PY  - 2019/07
DA  - 2019/07
TI  - Research of Institutional Environment, Enterprise Market Position and Commercial Credit
BT  - Proceedings of the 5th Annual International Conference on Management, Economics and Social Development (ICMESD 2019)
PB  - Atlantis Press
SP  - 200
EP  - 205
SN  - 2352-5428
UR  - https://doi.org/10.2991/icmesd-19.2019.30
DO  - 10.2991/icmesd-19.2019.30
ID  - Xu2019/07
ER  -