This paper contributes to the academic debate on the pecking order theory and SMEs equity financing, in this equity financing gap. In order to address this problem, this study relies on the empirical design that is driven by the premises of the pecking order theory and distinguishes between the...

Low and uncertain carbon prices are often stated as a major obstacle for industrial sector investments in technologies to deliver deep emissions reductions. Project-based carbon contracts underwritten by national governments could address regulatory risk, lower financing costs and strengthen...

The “Survey of European Venture Capitalists” project in 2022 collected responses from Venture Capitalist (VC) managers across Europe about their decision-making, important decision factors, and organization. Inspired by the mainly US-based paper published in 2020 by Paul Gompers, Will...

This paper investigates the link between corporate debt and investment for a group of five peripheral euro area countries. Using firm-level data from 2005-2014, we postulate a non-linear corporate leverage-investment relationship and derive thresholds beyond which leverage has a negative and...