The objective of this paper is to develop a better understanding of what drives small and medium-sized enterprises (SMEs) to engage in environmental practices, and whether the drivers differ across types of practices. Two types of environmental practices are distinguished: practices related to...

We undertake the first research to move analysis beyond estimating the propensity for a person to become an informal investor and onto the core concern which is the total volume of venture finance. We find that a 1 % increase in entrepreneurial activity increases the number of informal...