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European economy-the SMEs. The CMU aims at improving the framework conditions for SME financing, at strengthening bank lending …-for various financial instruments from debt to equity. This article explains the SME financing-related objectives of the CMU by … mittlere Unternehmen (KMU), des sogenannten Rückgrats der europäischen Wirtschaft, zu erleichtern und zu erweitern. Die …
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The objective of this paper was to explore whether and how the main capital structure determinants of SMEs affected capital structure determination in different ways during the years of economic crisis. We used panel data of 8,052 SMEs operating in Greece during 2009-2012. We found that the...
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. Scholars identify difficulties in the financial sphere as the main causes of SME mortality. Such problems do not allow them to … tools, particularly equity crowdfunding, contribute to the SME dimension. The work outlines the main development factors …
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