金融中介理论

现代金融中介理论的回顾

Review of Modern Financial Intermediation Theory

基于信息不对称假设的现行金融中介理论忽视了信息分享的重要性，提出了关系型融资模型。

Existing theories of financial intermediation based on the assumption of informational asymmetry have overlooked the importance of information sharing .

金融中介理论的新视角：功能观

New Angle of View in Financial Intermediary Theory : Function Idea

新金融中介理论述评

Comments on the New Financial Intermediary Theory

金融中介理论的发展是伴随着金融业的发展而发展的。

The development of financial sector is always accompanied by the development of financial intermediary theories .

现代金融中介理论探析

About modern financial intermediary theory

摘要在现代金融中介理论的基础上，考察税收对融资方式选择的影响。

Based on modem theory of financial intermediary , the paper examines the effects of Taxation on the means of finance .

本文文献综述首先按照时间顺序对金融中介理论进行梳理，其次概括了国内外关于金融中介发展与经济增长之间相互关系的文献。

This thesis first reviews financial intermediation theory by time order , secondly outlines documents both domestic and abroad on this area .

传统金融中介理论认为，基于降低交易成本和信息成本的需要，金融中介尤其是银行中介在企业融资中发挥着比证券市场更大的作用。

Traditional financial intermediary theory believes that financial intermediaries especially bank intermediary plays more important role in corporate financing than the equity market .

第二章回顾分析了金融中介理论，从中探寻商业银行这一金融中介机构与证券市场或者其他非银行金融中介机构相比，是否在某些功能上具有相对的优势。

Firstly , the financial intermediation theory is addressed to clarify that commercial bank is special compared with capital market and other financial intermediaries .

随着金融中介理论和金融体系比较研究的深入发展，人们对投融资行为和模式有了更深入的理解。

With the development of the theory of financial intermediation and financial system , people have known more about the investing and financing mode .

根据最新的金融中介理论，基金应是一种服务性质的产品，并且其服务的价值主要依靠基金产品的不同特性来体现。

In the light of latest theory of finance agency , fund is one of service-product , and its value of service shows by different characteristics .

分别从融资结构理论、金融中介理论和信贷配给理论三个不同的视角，提炼出适合中小企业信贷融资的理论观点。

From three different angles of financial structure , financial intermediary and credit ration theories , some viewpoints can be obtained to explain SMEs ' bank financing .

本文运用金融中介理论，论述了证券投资基金的功能主要体现在信息生产、流动性服务、受托监控和风险管理，这是证券投资基金存在和发展的基础。

Based on the theory of financial intermediation , the functions of mutual fund include information producing , liquidation service , and delegated monitoring and risk management .

不对称信息下的金融中介理论作为关系型借贷的另一个理论基础认为银行在收集信息方面具有比较优势，能够减少监督成本和惩罚成本。

Financial intermediary theory is another theoretic base of relationship lending . It considers bank has relatively informational advantage in informational asymmetry to reduce monitoring cost and penalty cost .

立足于这一研究命题，基于现代金融中介理论，对我国农村金融机构变迁的历史逻辑进行了分析研究。

Established in this proposition and based on modem theory of financial intermediary , this paper discussed and analyzes on historical logic of vicissitudes in Chinese rural financial institution .

研究关系型融资可以为缓解中小企业融资难问题提供一条途径，在理论上，金融中介理论和信贷配给理论从银行和中小企业信贷市场两个角度为关系型融资提供了基础；

In theory , finance intermediation theory and credit rationing theory are the basis of relationship finance from the bank and small and medium sized enterprises ( SMEs ) angles .

根据现代的金融中介理论，商业银行的存在是由于它们在经济中扮演着两种重要的职能&创造流动性和转移风险。

According to the modern financial intermediary theory , the reason of the existence of commercial banks is due to two crucial functions : creation of liquidity and risk transfer .

本文首先综述与委托理财业有关的资产组合理论和金融中介理论，接着讨论能够融合不同理论形成一个综合性的委托理财理论框架的可能的切入点。

This paper offers a review on financial intermediary theory and portfolio theory , and then discusses the potential way to combine different theories and develop a systematic delegated investment theory .

金融中介理论自诞生以来，受到风险、不确定性、信息成本和交易费用等客观因素的推动，取得了不断的发展。

Since the birth of the financial intermediation theory , it has been innovating continually by the impelling of natural situations such as risk , uncertainty , information and transaction costs .

由交易费用理论和委托代理理论两个分析范式共同构成的金融中介理论，为解释商业银行的信息生产优势、监控和创建声誉机制功能在中小企业融资中的作用奠定了理论基础。

Traction cost theory and delegation theory composed of financial intermediary theory establishes the theory foundation to interpret the advantages of information producing , delegated monitoring and reputation mechanism of commercial banks .

本文首先对国内外互联网络、网络经济、商业银行零售业务营销的背景进行了概述和分析，并在商业银行学基础上根据金融中介理论的内涵对商业银行及其零售业务的概念进行了界定。

Secondly , based on the Commercial bank theory , the article defines the concept of commercial banking and retail business in accordance with the connotation of the theory of financial intermediation .

而现代金融中介理论证明，金融中介具有低成本地搜寻和甄别项目质量信息、监督经营者行为的比较优势。

But the modern finance intermediary theory proved that the financial intermediation has the comparing superiorities in searching and screening projects ' quality information , and inspecting operators ' behavior with low costs .

本文运用战略管理学，融合金融中介理论、风险分析、金融创新理论来研究商业银行的核心竞争力问题。

In this dissertation , we used the concepts of strategy management , the theory of financial intermediation , financial analysis and financial creative theory to study the competition of the commercial bank .

根据金融中介理论及其它相关已有理论的研究结果，提出了票据作为融资手段所具备的六种功能：汇兑功能、支付功能、信用功能、结算功能、融资功能和流通功能。

As one of the major financing tools , the functions of bill in financial market are summarized as facilitating exchange and balancing , providing credit , financing , circulating , and payment tool .

理论部分，本文在现代金融中介理论的基础上，考察税收对融资方式选择的影响，并分析税收体系如何影响银行信贷行为。

In Part one , based on modern theory of financial intermediary , the thesis examines the effects of taxation on the means of finance , and analyses how the tax system influences bank 's loan behavior .

根据现代金融中介理论中的信息生产模型和受托监控模型，分别从企业债券信用评价机构在降低交易费用、信息生产等方面的功能角度，对企业债券信用评价机构的发展给予了充分的理论证明。

Information production model and delegated monitoring model of the modern theory of financial intermediation can be used to fully prove this problem from various angles , such as reduction of transaction cost and information production , etc.

然后，总结了现代金融中介理论、金融资产同质性特征以及现代演化经济学的基本理论，并以此作为本文研究的理论基础。

Then sum up the modern theory of financial intermediation , financial assets , the characteristics of homogeneity and the basic theory of modern evolutionary economics , and treat these as the theoretical basis of this study .

在资本结构和金融中介等理论分析框架下，论证了企业信贷需求的原因与银行信贷供给的优势；通过信贷需求与供给函数的分析，说明了企业有效信贷需求与银行有效信贷供给的决定因素。

Under the analytical framework of Capital Structure Theory and Financial Intermediation Theory , demonstrate the reasons of SMEs ' credit demand and the advantages of banking credit supply .

银行作为金融中介的理论既解释了银行为什么得以存在，企业为什么需要银行而不是直接寻找借款人，反映了银企关系传统的核心关系是信贷关系。

The finance intermediation theory , not only explain the reason the bank exists , but also why the enterprise need the bank , however it does not directly find debtor . This theory reflects bank-firm relation is credit relation .