Trust-based relationship banking, and SME financing in the UK

主讲嘉宾 赵天姝

报告人简介:

赵天姝，英国莱斯特大学商学院金融学教授。她拥有经济学博士及注册会师(CPA) 资格，学术背景横跨经济学、金融学与会计学领域。其聚焦于金融中介、银行微观经济学、公司金融及ESG，并在Review of Economics and Statistics 、Journal of Banking and Finance、Regional Studies、Journal of Economic Geography,、Journal of Financial Intermediation等权威期刊发表了一系列高水平论文。现任货币宏观与金融学会委员会及英国标准协会(BSI)可持续金融委员会成员，曾赴乌干达中央银行、鲁汶大学等机构担任访问学者。曾主持并参与由英国国际发展部-经济与社会研究理事会(DFID-ESRC)及英国经济与社会研究理事会-中国国家自然科学基金委(ESRC-NSFC)资助的重大科研项目，与全球多家中央银行、发展机构及学术组织保持密切合作。曾借调至威尔士政府，与政策制定者共同推进中小企业融资与区域银行改革，并与经济合作与发展组织(OECD)、欧盟审计院(ECA)、英国国家经济与社会研究所(NIESR)等机构在可持续金融与信贷可获得性领域开展深度合作。

论文简介:

It is well recognized that relationship banking helps to relieve the credit constraints faced by SMEs to access bank finance. Trust is an important part of relationship banking. However, the term trust is nebulous, and relationship banking means different things to different banks and different borrowers. How trust enables the credit market for SMEs through relationship banking is largely unexplored. Using a unique primary dataset of SMEs in the UK, we construct a measure of trust-based relationship banking from the perspective of the borrower that places mutual trust center stage. We show that trust-based relationship banking is enhanced by the organizational trust in the Relationship Manager, defined by the delegation of operational autonomy. Along with bank, firm, and market factors, trust-based relationship banking helped to reduce the credit constraints faced by SMEs in the decade following the global financial crisis.

活动时间: 2025年11月13日 星期四上午9:30-11:00

活动地点: 金融学院会议室(劝学楼345小会议室)

主办单位: 金融学院、实验经济学实验室

欢迎广大教师、同学参加!