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We survey the empirical evidence on corporate survival and its determinants in European emerging markets. We demonstrate that (i) institutional quality is a significant preventive factor for firm survival in all sectors of the economy, which holds for small, medium and large firms alike. On the...
Persistent link: https://www.econbiz.de/10013271002
In this paper, we traced the survival status of 94,401 small businesses in 17 European emerging markets from 2007-2017 and empirically examined the determinants of their survival, focusing on institutional quality and financial development. We found that institutional quality and the level of...
Persistent link: https://www.econbiz.de/10012297522
compare them across Europe, covering 13 Central and Eastern European (CEE) and 16 Western European (WE) countries. Five … across Europe. Similarly, fundraising and divestment activity are significant drivers of investments across Europe …
Persistent link: https://www.econbiz.de/10014286833
We provide comprehensive evidence of the widespread occurrence of inflation convergence between all countries of the European Union from 1999 to 2016. We also show that convergence was more inclusive in the years after the global financial crisis—including the European sovereign debt crisis...
Persistent link: https://www.econbiz.de/10011758407