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Corporate tax reforms carried out in EU countries since 1980 entail lower statutory tax rates and reductions in … generous tax depreciation provisions. Several countries including the UK have reduced tax rates for SMEs. This study compares … incentive effects of such reforms on the SMEs’ investment decisions adopting simple present value model. Ceteris paribus tax …
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Strong lending relationships between banks and small and medium-sized enterprises (SMEs) play a key role in the bank …
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This paper analyzes microeconomic production functions of Czech small medium enterprises. We use the data from 2002 to 2005 of thirty manufacturing industries (agriculture and services are not included), each divided into five subgroups according to the number of employees. We employ stochastic...
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