小额贷款公司发展的影响因素研究——以河南省为例

Research on the Influencing Factors of the Development of Microcredit Companies —Based on Henan Province

摘要: 随着中国金融改革的不断深化，金融体系在逐渐完善。此外，随着经济的进一步发展，中小企业、农村金融服务开始变得越来越重要。在这样的背景下，小额贷款公司迅速发展起来。但是在发展过程中，小额贷款公司面临着各种问题。本文以河南省的数据为例，实证分析了影响小额贷款公司发展的各种因素，并在数据分析的基础上，发现小额贷款公司的发展主要受利率、经济发展水平和发展结构影响，尤其是可能存在“目标偏移”问题。针对“目标偏移”问题，并且从政府层面、公司内部治理层面、投资收益率和投资环境改善层面提出相应的政策建议。

Abstract: Along with the deepening of financial reform in China, the financial system is gradually perfect. Moreover, with the further development of the economy, small and medium enterprises in rural financial services become more and more important in this context; small loan companies devel-oped rapidly but in the process of development, microfinance companies face various problems based on the data of Henan province. We take the empirical analysis on the factors affecting the development of small loan companies. According to the data analysis, we find that the development of small loan company was mainly affected by interest rate, level of development and structure of the economy, especially the possible target for migration problems. At the same time, it puts forward the corresponding policy suggestions from the aspects of investment return rate and investment environment improvement at the level of government internal governance.