In developed large enterprises (see Donaldson,1984; Miles, 1984). result
These studies show that managers of small enterprises are extremely reluctant to undertake new external financing (see Reid, 1996). The basic theme of all these studies is internal.
Information asymmetry and inter-enterprise financing. In other words, the uneven distribution of information between financiers and companies reduces the level of trust between the two sides. The result of information asymmetry in information cost may eventually lead to the loss of enterprises (Binks, etc. , 1992)。 Although many researchers generally attribute the information of borroweras holders to this, some researchers think it is probably the other way around (De Mesa and Xi, 1996). In the final analysis, it is to reduce information asymmetry. On the ability of actors, a close working relationship is formed. (Binks and Enniu, 1996 theoretical starting point, what is the difference between most financial-related conditions surveys for SMEs, such as banks and venture capital companies? C financial intermediary? Evaluate the company's vision Deng et al. Shang Mugan and Bourcq,1992; 1993 hall and hofer; Fried and Heathridge, 1994. In the past few years, some researchers have paid attention to and studied mechanical equipment again. Speaking of finance, they are searched in the activities of small and medium-sized enterprises, which is the fun of a model school near Korea. This was developed in a large enterprise. See 1984 Donaldson; 1984 miles. The results of these studies show that small business managers are very reluctant to engage in new external finance (see 1996). Generally speaking, the hidden theme of these studies is the inherent information asymmetry between intermediary financiers and companies. In other words, the information distribution between financiers and companies is uneven, which reduces to the level of responsibility of both parties. The result of information asymmetry is cost, which will eventually lead to the loss of enterprise information (Binks et al. 1992). Although many researchers usually attribute borroweras to the information that its holder gives reasons to prove it, on the contrary, researchers can do well there ((from Meza and Southey, 1996)). Finally, the reduction of information asymmetry lies in the ability of actors to form close working relationships ((Binks and Enew, 1996)). The behavior of entrepreneurs has been the focus of several studies, Gartner et al.,1992; Ripsas, 1998. Not only is it important to investigate how entrepreneurs act, but in some aspects ((Stevenson and Jarillo, 1990), it may be more important to decide why they act. The practice of shopping malls has been regarded as a technological development (Dodgson, 1990). This is close to the view that small and medium-sized enterprises have a considerable impact on the technological development of Korean industry because of the high rate of technological change. Therefore, it is conceivable that the se industry, which is stable in Korea, has different perceptions from companies in more stable industries. It is likely that they not only perceive the world differently, but also behave differently. On the other hand, excessive dependence on internally generated funds (Chittenden et al. 1996) has greatly restricted economic growth. Therefore, the real financial situation of the company seems to affect the attitudes of entrepreneurs and the rich and the actions they take. Keresey used the concepts of "mover" and "left-behind". Those who stay behind are typical conservative entrepreneurs. This means that they usually feel the level of external financing that leads to low efficiency. On the other hand, the actors feel the high level of external financing, and it will be high in the future. In the meantime, it will