Search Results - subject:"capital gap"

Comparative study of the relevance of equity financing in European SMEs

Wieczorek-Kosmala, Monika; Błach, Joanna; Trzęsiok, Joanna - In: Journal of business economics and management 21 (2020) 6, pp. 1543-1560

This paper contributes to the academic debate on the pecking order theory and SMEs equity financing, in this equity financing gap. In order to address this problem, this study relies on the empirical design that is driven by the premises of the pecking order theory and distinguishes between the...

Persistent link: https://www.econbiz.de/10012505322

The information value of the stress test and bank opacity

Peristian, Stavros; Morgan, Donald P.; Savino, Vanessa - 2010

We investigate whether the 'stress test,' the extraordinary examination of the nineteen largest U.S. bank holding companies conducted by federal bank supervisors in 2009, produced information demanded by the market. Using standard event study techniques, we find that the market had largely...

Persistent link: https://www.econbiz.de/10010287130

CAPITAL AND FINANCING INNOVATION PROCESSES IN ENTERPRISES IN POLAND: SELECTED ASPECTS

JANASZ, KRZYSZTOF - In: Perspectives of Innovation in Economics and Business (PIEB) 4 (2010) 1, pp. 26-28

Every economic entity undertakes various complex activities that aim at achieving strategic goals. This complex plane of strategic activities certainly includes pro-innovative activity consisting in creating and implementing innovations that help to gain competitive advantage. Undoubtedly,...

Persistent link: https://www.econbiz.de/10010836938

VENTURE CAPITAL AND THE INCUBATION OF SMALL ENTERPRISES

Bajmoczy, Zoltan; Kosztopulosz, Andreasz; Imreh, Szabolcs - In: GAZDÁLKODÁS: Scientific Journal on Agricultural Economics 51 (2008) 19

The present paper has reviewed the potential interpretations of the incubation process and examined in detail the basic types of corporate incubators having an increasing role in everyday practice together with the main objectives of the different types. We have also mapped how the different...

Persistent link: https://www.econbiz.de/10008456848

VENTURE CAPITAL AND THE INCUBATION OF SMALL ENTERPRISES

Bajmoczy, Zoltan; Kosztopulosz, Andreasz; Imreh, Szabolcs - 2007

Persistent link: https://www.econbiz.de/10009446005

Developing venture capital system beyond economic capital concept

Etzkowitz, Henry; Zhou, Chunyan - In: Journal of Knowledge-based Innovation in China 4 (2012) 3, pp. 189-202

Purpose – The purpose of this paper is to explore an expanding venture capital (VC) system beyond economic capital concept, based on “triple bottom line” of enterprises. Design/methodology/approach – A complete VC system is given, first of all, and then the gap in the existing VC system...

Persistent link: https://www.econbiz.de/10014879420

Vertical FDI versus Outsourcing: The Role of Host Country Human Capital

Grover, Arti - Institut for Miljø og Erhvervsøkonomi, Syddansk … - 2009

turn depend on the human capital gap between the home and the host country. We find that: 1. For low-tech goods, where the … likelihood of outsourcing is higher in the Antràs model, vertical FDI is a possibility when the human capital gap between the … model, international outsourcing is also possible, especially when the human capital gap between the home and the host …

Persistent link: https://www.econbiz.de/10011124042

The Radical Change of French Firms’ Financial Characteristics. Macroeconomic Consequences and Lessons for Political Economics / Die französische Finanzrevolution. Die Folgen für di...

Cieply, Sylvie - In: Jahrbücher für Nationalökonomie und Statistik 221 (2001) 5-6, pp. 556-576

Summary The French financial system has undergone major changes in the last twenty years. Until the beginning of the eighties, the French financial system was a State credit based system. This system was overhauled in the mid eighties under the pressure of French budget deficits in the context...

Persistent link: https://www.econbiz.de/10014608855

The Radical Change of French Firms' Financial Characteristics Macroeconomic Consequences and Lessons for Political Economics

Cieply, Sylvie - In: Journal of Economics and Statistics (Jahrbuecher fuer … 221 (2001) 5-6, pp. 556-576

The French financial system has undergone major changes in the last twenty years. Until the beginning of the eighties, the French financial system was a State credit based system. This system was overhauled in the mid eighties under the pressure of French budget deficits in the context of the...

Persistent link: https://www.econbiz.de/10008633362

French manufacturing firms and the capital gap since1985 - a credit rationing approach.

SylvieCieply; Paranque, Bernard - EconWPA - 1997

a small business capital gap is borne out only for the smallest businesses, especially as regards long-term debt …

Persistent link: https://www.econbiz.de/10005561625