Showing 1 - 10 of 54
Das Finanzierungsumfeld für kleine und mittlere Unternehmen (KMU) befindet sich im Wandel. Die Veränderungen des konjunkturellen Umfelds und der damit verbundenen Niedrigzinspolitik sowie die Basel-Regulierungen zeigen einen deutlichen Einfluss auf die Finanzierungsstrukturen der KMU. So...
Persistent link: https://www.econbiz.de/10011420347
Using new data originating from a recently conducted survey, this paper examines the financing of small and medium-sized enterprises (SMEs) in private equity and debt markets in Finland. We find that the three most important sources of funds are the principal owner’s equity, trade credit...
Persistent link: https://www.econbiz.de/10010285020
success of microfinance around the world, a large number of commercial banks have made a profitable business out of this … sector. This paper explores various business models by commercial banks in microfinance and provides policy implications for …
Persistent link: https://www.econbiz.de/10011653785
This paper examines the financing structure of small and medium-sized enterprises (SMEs) in Germany and questions whether an equity gap - or, more generally, a financing gap -exists. Reviewing the literature and available data sources, we find that financing constraints seem to affect, if at...
Persistent link: https://www.econbiz.de/10010298948
This paper analyses the role that institutional factors play in explaining differences in the capital structure of small and medium-sized enterprises (SMEs) across regions belonging to a single country. Specifically, it studies the effect of the development of the financial sector and of the...
Persistent link: https://www.econbiz.de/10011397382
This research explores the performance of international small and medium-sized enterprises (SMEs) in Iran. Iran as the … market uncertainty to achieve their performance goals. This study explores this issue by placing competitive advantage to … mediate market uncertainty and international SMEs' performance. A foreign SME in Iran is considered a company with 99 …
Persistent link: https://www.econbiz.de/10014527432
attention on the relation between family owners who are members of the board of directors and firm performance. Also, this study … directors and firm performance, and specifically, the authors propose an S-shaped effect that implies two breakpoints. Findings … board members' ownership and firm performance in family SMEs. Nevertheless, the results are different in comparing first …
Persistent link: https://www.econbiz.de/10013193219
Despite the profusion of innovation reviews, there is lack of reviews of innovation capability in small business context. There is a need to define the construct from a practical point of view by utilizing existing innovation research. Thus, this study aims to enhance the understanding about the...
Persistent link: https://www.econbiz.de/10013266771
enter foreign markets. However, current knowledge on which factors determine SMEs' foreign market performance and secure … their success is limited. Using empirical data on 280 German SMEs' activities in Arab markets, we contrast the performance … performance and provides relevant advice as to which managerial approach to emphasize for which mode of foreign market entry. …
Persistent link: https://www.econbiz.de/10012611927
This paper discusses the global financial crisis of 2008/9 in thirteen countries, the ten new EU members that previously were communist and the three countries of Western former Soviet Union. Their problems were excessive current account deficits and private foreign debt, currency mismatches,...
Persistent link: https://www.econbiz.de/10011430838