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This paper aims at investigating the relationship between firms' profit efficiency, access to finance and innovation activities. We enrich our understanding on firms' performance by adopting the stochastic frontier approach (SFA), which allows us to estimate profit functions and to obtain...
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facing financing obstacles. Our results indicate that, though based on few variables, this measure appears to be relevant in … results for leverage are less clear-cut. -- Financing constraints ; firm growth, panel data …
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This paper aims at investigating the relationship between firms' profit efficiency, access to finance and innovation activities. We enrich our understanding on firms' performance by adopting the stochastic frontier approach (SFA), which allows us to estimate profit functions and to obtain...
Persistent link: https://www.econbiz.de/10012831402
We investigate the effect of sovereign stress and of unconventional monetary policy on small firms' financing patterns …
Persistent link: https://www.econbiz.de/10013019629