mezzanine capital, when facing a loan denial. -- Investment ; loan availability ; innovation ; private equity …This study examines the consequences of loan denials for the investment performance of small and medium-sized German … investment than non-innovative companies. The non-randomness of loan denials is controlled for with a selection equation …

opportunity to enforce debt contracts. We identify private-equity (PE) sponsored borrowers in the Shared National Credit Program … non-PE, PE-backed borrowers experience smaller reductions in credit commitment upon violation, suggesting lenders are … understanding heterogeneity in debt contract enforcement and credit constraints faced by distressed borrowers with financial …

opportunity to enforce debt contracts. We identify private-equity (PE) sponsored borrowers in the Shared National Credit Program … non-PE, PE-backed borrowers experience smaller reductions in credit commitment upon violation, suggesting lenders are … understanding heterogeneity in debt contract enforcement and credit constraints faced by distressed borrowers with financial …

This study sheds light on small and medium-sized enterprise (SME) financing and its performance in Thailand. It … elaborates on the key sources of finance existing for Thai manufacturing SMEs and their importance for SME performance as … measured by technical efficiency, export performance, and technological innovation. This study also examines the key factors …