Configuration Path Analysis of Financing Availability of Small and Medium-sized Enterprises:Based on the Survey Data of Yingcheng City,Hubei Province
Based on the survey data of small and medium-sized enterprises in Yingcheng City,Hubei Province,this paper uses the fuzzy set qualitative comparative analysis(fsQCA)to explore the com-plex impact mechanism of enterprise asset size,profitability,short-term debt repayment ability,tax credit,supply chain situation,technological innovation ability and symmetry of financing information between banks and enterprises on the financing availability of small and medium-sized enterprises.The research shows that there are 6 configuration paths available for financing of small and medium-sized enterprises,which can be mainly divided into four modes:credit oriented,resource oriented,profit plus information oriented and scale plus debt repayment ability oriented modes.Suggestions are proposed to improve the accessibility of financing for small and medium-sized enterprises.
small and medium-sized enterprisesfinancing availabilityconfiguration pathfuzzy set qualitative comparative analysis