Title :
Notice of Retraction
Small and medium financial institutions help small and micro-enterprises´ financial difficulties — Based on the asymmetric information theory
Author_Institution :
School of Economics and Management, Beijing Jiaotong University, Beijing, China
Abstract :
Notice of Retraction
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
Information asymmetry is the root cause of financial difficulties for small and micro-enterprises. The paper based on the asymmetric information theory, from the view of capital supply and demand, and game analysis, summarizes that the small and medium financial institutions have more advantages than large financial institutions to solve the financial difficulties for small and micro-enterprises. On this basis, it proposes measures that small and medium financial institutions can do to solve the financial problem for small and micro-financial enterprise, including the establishment of long-term relationship lending patterns and installments and so on.
Keywords :
Banking; Business; Finance; Games; Information theory; Supply and demand; Financing Dilemma; Information asymmetry; Small and micro-enterprises;
Conference_Titel :
E -Business and E -Government (ICEE), 2011 International Conference on
Conference_Location :
Shanghai, China
Print_ISBN :
978-1-4244-8691-5
DOI :
10.1109/ICEBEG.2011.5886922