HU Jinyan, LIANG Qiaohui：Small-Credit Companys Balance Among Multiple Objectives: Evidence from Shandong Province

Abstract：Combining general theory of dual objectives of Microfinance Institutions with the background and operation features of Small-Credit Company in China, we defined asset profitability, capital security and social service as three objectives for Chinese Small-Credit Company.Using panel data from Shandong province, we established simultaneous equation model and investigated Small-Credit Company's balance among these three objectives.We found that the above three objectives could be realized together.That is, Small-Credit Company could guarantee profit while keeping its capital safe, and integrate asset profitability, capital security and social service together.

Key words： Small-Credit Company    Asset Profitability    Capital Security    Social Service

source:Finance & Trade Economics ,No.5,2015