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Europe. We find that (i) larger firms are less efficient than smaller firms, (ii) greater leverage contributes to corporate …
Persistent link: https://www.econbiz.de/10010510115
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/10012432180