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  • Larrán Jorge, M.

    () (Universidad de Cádiz (España))

  • García-Borbolla Fernández, A

    () (Universidad de Cádiz (España))

  • Giner Manso. Y.


El objetivo de este trabajo es determinar si en el mercado de crédito existen restricciones, tanto en el acceso al crédito como en sus condiciones comerciales, a las empresas de menor tamaño o con menor vinculación con su entidad financiera habitual, y si el racionamiento del crédito bancario es percibido correctamente por las empresas. Para ello, se desarrolló un estudio cuantitativo a partir de la información obtenida de cuestionarios suministrados a 816 empresas y de la información de los estados contables de obligada presentación de dichas empresas. El análisis conjunto de la información nos permitió determinar el tipo de racionamiento de crédito existente en el mercado de crédito, así como los factores que lo determinaban. Finalmente, concluimos en una serie de recomendaciones tanto a las empresas, como a las entidades financieras y a las instituciones que mejoren la eficiencia del mercado de crédito bancario y reduzcan las consecuencias negativas del racionamiento del crédito. / The main objective of this paper is to determine if it is possible to find within the credit market any restrictions, for instance to credit concessions and its commercial conditions to more little firms or to those that do not have a strong relationship whit their usual banks, and, if the credit rationing is properly perceived by firms. The quantitative research was based on information obtained from questionnaires sent to 816 companies and from the accounting information that by law must be at the disposal of the public scrutiny. The conjoint analysis allowed us to determine the type of existing credit rationing within the credit market, as well as factors influencing and determining. Finally, we conclude with a set of recommendations for the different enterprises, the financial entities as well as public institutions for the amelioration of the efficiency of the banking credit market and the reduction of negative consequences of the credit rationing.

Suggested Citation

  • Larrán Jorge, M. & García-Borbolla Fernández, A & Giner Manso. Y., 2010. "FACTORES DETERMINANTES DEL RACIONAMIENTO DE CRÉDITO: UN ESTUDIO EMPÍRICO EN ANDALUCÍA / DETERMINANTS OF CREDIT RATIONING SMEs: AN EMPIRICAL RESEARCH IN ANDALUCIA," Investigaciones Europeas de Dirección y Economía de la Empresa (IEDEE), Academia Europea de Dirección y Economía de la Empresa (AEDEM), vol. 16(2), pages 63-82.
  • Handle: RePEc:idi:jiedee:v:16:y:2010:i:2:p:63-82

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