El presente documento estudia el acceso al crédito y la propensión a salir del mercado de las empresas sin deuda bancaria (la principal fuente de financiación de las empresas españolas no cotizadas) en torno a la crisis del COVID-19. La metodología implementada permite distinguir entre...

In this article we aim to approach the influence of the recent changes in the fiscal legislation regarding VAT on the accounting and taxing treatments of the construction contracts. In the case studies, we are considering the application of the "VAT upon collection" system, as well as the split...

Several recent papers have documented the benefits of debtor-in-possession (DIP) financing in the restructuring of firms in Chapter 11. However, the view on benefits is not unanimous and some legal scholars have raised doubts about DIP financing's effects on debt-holders and the possibility of...

“Diversity” has become one of the most commonly used words by U.S. corporations.Indeed, many companies claim that they have spent millions, sometimes billions ofdollars to create an egalitarian workplace for all workers. Given the amount of moneyspent and the increased amount of research...

Small businesses are seen as an agent of economic growth in developing countries. Recently, the idea of micro-lending has received increased attention due to its promising effects on employment and personal economic growth in rural developing areas. However, we lack an in depth understanding of...

We use a sample of over 80,000 Spanish companies started by a sole entrepreneur between 2004 and 2014, and distinguish between male and female entrepreneurs demand for credit, credit approval ratio, and credit performance. We fi nd that female entrepreneurs who start a business are less likely...