Similar Search Results

Impacto de la crisis en el patrón de financiación de las pymes Europeas : especial atención al caso Español

Ordiales Hurtado, Inmaculada - 2013

Persistent link: https://www.econbiz.de/10010415614

SME financing conditions in Europe : credit crunch or fundamentals?

Holton, Sarah; Lawless, Martina; McCann, Fergal - In: National Institute economic review 225 (2013), pp. 52-67

Persistent link: https://www.econbiz.de/10009786191

Non-bank financing for euro area companies during the crisis

Ferrando, Annalisa; Mavrakis, Emmanouil - In: Access to Bank Credit and Sme Financing, (pp. 3-28). 2017

Persistent link: https://www.econbiz.de/10011673147

Comparative study of the relevance of equity financing in European SMEs

Wieczorek-Kosmala, Monika; Błach, Joanna; Trzęsiok, Joanna - In: Journal of business economics and management 21 (2020) 6, pp. 1543-1560

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...

Persistent link: https://www.econbiz.de/10012505322

The zero-leverage phenomenon in European listed firms : a financing decision or an imposition of the financial market?

Morais, Flávio; Serrasqueiro, Zélia; Ramalho, Joaquim … - In: Business research quarterly : BRQ 27 (2024) 3, pp. 301-323

This article provides empirical evidence on the zero-leverage phenomenon for a sample of European listed firms for the period 1995-2016. It is shown that there are two types of firms with zero leverage: the financially constrained firms that face obstacles in obtaining external finance, as...

Persistent link: https://www.econbiz.de/10015051431

Small firms' credit access in the euro area : does gender matter?

Stefani, Maria Lucia; Vacca, Valerio - In: CESifo economic studies : CESifo, a joint initiative of … 61 (2015) 1, pp. 165-201

arise in France. …

Persistent link: https://www.econbiz.de/10011397650

Market finance as a spare tyre? : corporate investment and access to bank credit in Europe

Maurin, Laurent; Andersson, Malin; Rusinova, Desislava - 2021

We estimate a FAVAR with Bayesian techniques in order to investigate the impact of loan supply conditions on euro area corporate investment and its financing structure. We identify shocks to overall demand and loan supply with sign and impact restrictions. Although tightened financial conditions...