文献类型：期刊文献

中文题名：经营困境、政治关系与银行贷款差异——基于持续经营不确定上市公司的经验证据

英文题名：Management Plight,Political Connection and Bank Loans Differences——Based on the Empirical Evidence of Listed Companies Uncertain in Going Concern

作者：薛玉莲[1]

第一作者：薛玉莲

机构：[1]河南财经学院会计学院

第一机构：河南财经政法大学会计学院

年份：2008

期号：4

起止页码：79-82

中文期刊名：经济经纬

外文期刊名：Economic Survey

收录：CSTPCD;;国家哲学社会科学学术期刊数据库;北大核心:【北大核心2004】；CSSCI:【CSSCI2008_2009】；

语种：中文

中文关键词：民营上市公司;政治关系;持续经营不确定;银行贷款政策

外文关键词：private listed company; political connection; uncertainty in going concern ; hanks＇loan policy

摘要：笔者以2002年～2005年获得非标审计意见上市公司为样本，以上市公司各年度银行贷款占资产总额比例以及贷款的自然对数作为银行贷款决策的替代变量，考察持续经营存在重大不确定对银行贷款决策的影响。多元回归分析发现，民营上市公司在持续经营不确定情况下，银行贷款决策更加严格，而国有上市公司没有因此受到明显影响，但持续经营不确定的国有上市公司债务违约现象比该类民营上市公司更严重。这说明政治关系、政府干预影响了银行向国有上市公司的贷款决策。
The author adopts the Chinese listed companies which got nonstandard audit opinions during the years 2002 - 2005 as the sample, and the ratio of annual loans to total assets at the end of each fiscal year and the natural logarithm of annual loans as the substitute variant of the decision making of bank loans, and reviews the influence of uncertainty in going concern on the decision making of the bank loans. Multi - regression analysis finds that when the company is in uncertain going concern, the decision making of bank loans is more rigid, but state - owned listed companies are not influenced obviously, but the state - owned listed companies breaking the loan contracts is more serious than the private companies, which shows that political connections and the government interference affect the decision - making of the bank loans to state - owned listed companies.