-um sized enterprises (SMEs). In addition, the role of trust in accessing finance for such enterprises is under …-investigated. This paper presents a mathematical model for optimizing the debt structure of SMEs that, since SMEs are often equity …

small and medium-sized enterprises (SMEs) across regions belonging to a single country. Specifically, it studies the effect … incorporated. For this empirical study, we use a sample of 638 SMEs representing every Spanish region for the period 1999-2007, and … financing decisions of SMEs. …

dependent variable being the debt ratio, we apply a linear model upon a balanced panel data-set of 2,370 French SMEs over the … SMEs as well as growth opportunities support POT. However, the relationship between corporate leverage and the age of SMEs …

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 … an environment of economic crisis; larger SMEs continued to show higher debt ratios, the relationship between …

, especially that of small and medium-sized enterprises (SMEs). The paper contributes to the literature concerned with the … System, this paper provides firm-level evidence for SMEs of a positive link between export propensity and ownership … propensity of SMEs caused either by internal factors (export initial conditions, performance and liquidity) or by external …