Yoshino, Naoyuki; Taghizadeh-Hesary, Farhad - 2014
In Asia, small and medium-sized enterprises (SMEs) account for a major share of employment and dominate the economy … particular venture capital markets. Hence, looking for new methods of financing for SMEs is crucial. Hometown investment trust … paper, we explain the importance of SMEs in Asia and describe about HITs. We then provide a scheme for the credit rating of …