长期以来,关于私营企业成长的研究往往着重于歧视性、市场机制不健全、家族制弊端等方面,而从预算软约束的视角分析问题的不多。目前,我国私营企业成长的外在条件已经优化,在此情况下,有必要认真审视私营企业的预算软约束问题。私营企业预算软约束的 For a long time, the research on the growth of private enterprises tends to focus on the aspects of discrimination, unsound market mechanisms and disadvantages of the family system, but not many problems are analyzed from the perspective of soft budget constraints. At present, the external conditions for the growth of private-owned enterprises in China have been optimized. Under these circumstances, it is necessary to carefully examine the soft-budget constraint of private-owned enterprises. Soft budget constraints of private enterprises