Showing 1 - 10 of 55
By employing a sample of 20,956 observations of non-financial SMEs headquartered in the Euro area, between 2009 and 2015, we test whether young businesses are more likely to face credit rejections from lenders than their older peers. Our findings appear to confirm our suspicions that new...
Persistent link: https://www.econbiz.de/10011845249
In this paper, we aim to assess how a specific socio-institutional environment, identified according to the level of corruption, may affect the access to credit for micro, small, and medium-sized enterprises (MSMEs). Using a sample of 68,115 observations - drawn from the ECB-SAFE survey -...
Persistent link: https://www.econbiz.de/10011671595
Finance for micro, small, and medium-sized enterprises (MSMEs) has been a concern for all stakeholders including … challenges faced by MSMEs in sourcing of finance during different stages of their life cycle. This study is a first … limitation in the identification and utilization of sources of finance. Data was collected through personal interviews using a …
Persistent link: https://www.econbiz.de/10011522010
elaborates on the key sources of finance existing for Thai manufacturing SMEs and their importance for SME performance as … enhancing SME access to external finance. Our results confirm that retained earnings are crucial to increase SME technical … efficiency, but loans from unlicensed moneylenders deteriorate their export performance. For external finance, government …
Persistent link: https://www.econbiz.de/10011490747
The cost of finance has a relatively high impact on the returns and viability of clean energy projects compared with … assessment and ratings, which have usually been an inappropriate measure of credit risk for clean energy finance, have a … significant influence on the cost of finance. Factors like inadequate credit information, a lack of historical data at the project …
Persistent link: https://www.econbiz.de/10011881765
discusses how business digitalization-and the use of digital finance-affected the operations of small firms as the impact of the … efficient business operations. Digital finance has yet to be well accepted and used by small businesses, even those already …
Persistent link: https://www.econbiz.de/10014251125
Difficulty in accessing finance is one of the critical factors constraining the development of small and medium … stable finance. One efficient way to promote SME financing is through credit guarantee schemes, where the government …
Persistent link: https://www.econbiz.de/10011522082
of these enterprises is their difficulty in accessing finance from banks and other financial institutions. The Credit …
Persistent link: https://www.econbiz.de/10011522092
This paper reviews the literature on the role of public equity markets in the innovation ecosystem. The review highlights the importance of public equity markets in funding the research and development activities of young and high growth firms. It also illustrates the dependence of venture...
Persistent link: https://www.econbiz.de/10011723674
of employment and output. However, SMEs generally have limited access to finance compared to large enterprises. Given the …
Persistent link: https://www.econbiz.de/10011383687