In this paper we study the relation between firm-level disclosure quality and the availability of external finance to firms. Using data on Finnish firms that are mostly private and small, we first estimate ‘excess growth’ made possible by external finance. We then show that the excess growth...

The study investigates, by using econometric evaluation methods, how the usage of Finpro's (a public agency promoting internationalization of business) services impacts on the internationalization and performance of small and medium-sized firms in Finland. We measure internationalization and...

There is a deep structural transformation going on In the Finnish electrical, electronics and IT services sector. The main reason is a major turning point in ICT due to diminishing production and employment in mobile telecom industry where large amount of high-skill jobs will disappear in the...