Small Sized Enterprises In China Research Articles

An analysis of credit risk of middle and small-sized enterprises in the inclusive financial system: an example from China

Inclusive finance is a development direction of current finance reform for the nations of the world. Based on the theory of inclusive finance, this paper analyses the credit risk of middle and small-sized enterprises in China through KMV model. In empirical analysis, we choose the sample data coming from ST company, *ST company and non-ST company in the growth enterprise market of China. After calculating the default risk and the default probability of enterprises, the results show that, in general, the enterprises in unnormal operation have higher default risks relative to the enterprise in normal operation. According to sample data, individual enterprises in unnormal operation also have lower default risks. In the inclusive financial system, governments should pay more attentions to the development of middle and small-sized enterprises, and establish some proper measures to provide financial services for middle and small-sized enterprises, especially for enterprises in unnormal operation.

Seismic Damage Predictions and Antiseismic Performance Researches of Single-Story Brick Column Workshops in Lushan Ms<sub></sub>7.0 Earthquake

Single-story brick column workshops are widely used as the production or storage room of medium and small-sized enterprises in China. Based on the field investigation of single-story brick column workshops at the earthquake-affected area after Lushan 7.0 earthquake, the damage characteristics of workshops are summed up. Damage prediction analyses are carried out for two typical single-story brick column workshops, and failure mechanism researches are conducted by using ABAQUS finite element software for a workshop. Finally, according to the results of failure mechanism researches, some relevant suggestions of the seismic reinforcement are put forward.