Similar Search Results

Loan availability and investment: Can innovative companies better cope with loan denials?

Mueller, Elisabeth; Reize, Frank - 2010

This study examines the consequences of loan denials for the investment performance of small and medium-sized German enterprises. As a consequence of a loan denial, innovative companies experience a smaller drop in the share of actual to planned investment than non-innovative companies. The...

Persistent link: https://www.econbiz.de/10010300385

Loan availability and investment : can innovative companies better cope with loan denials?

Müller, Elisabeth; Reize, Frank - 2010

mezzanine capital, when facing a loan denial. -- Investment ; loan availability ; innovation ; private equity …

Persistent link: https://www.econbiz.de/10003961525

None of My Business : CEO Financial Career and Corporate Innovation

Yang, Chenlin - 2020

We examine the relationship of financial expert CEO on firm innovation. Using CEO individual level and firm-level data … significant negative impact on firm innovation. A financial expert CEO causes 17.5% decrease in firm innovation level. We argue … make a separate examination about this impact on innovation that acquired from outsiders …

Persistent link: https://www.econbiz.de/10012853087

An information economics perspective on main bank relationships and firm R&D

Hoewer, Daniel; Schmidt, Tobias; Sofka, Wolfgang - 2011

Information economics has emerged as the primary theoretical lens for framing financing decisions in firm R&D investment. Successful outcomes of R&D projects are either ex-ante impossible to predict or the information is asymmetrically distributed between inventors and investors. As a result,...