, especially that of small and medium-sized enterprises (SMEs). The paper contributes to the literature concerned with the … System, this paper provides firm-level evidence for SMEs of a positive link between export propensity and ownership … propensity of SMEs caused either by internal factors (export initial conditions, performance and liquidity) or by external …

-sized enterprises (SMEs) in Germany. A panel vector autoregressive model allows us to account for potential endogeneity and individual …-sized firms. However, we find no relation for micro-sized firms. While the smallest SMEs hence seem unable to seize the … performance-enhancing effects of higher leverage, it appears important to keep credit restrictions at bay for larger SMEs …

examined the impact of capital structure on firm performance of manufacturing sector SMEs in UK for the period of 1998 … retained earnings and specially SMEs have less access to external finance and face difficulties in borrowing funds. It is …

Objective - The growth of SMEs in Indonesia is rising from year to year. As an anticipation of bankruptcy, predictions … SMEs in Indonesia.Finding - The operating income to total assets has a negative and significant effect on SMEs financial … distress. Meanwhile, retained earnings to total assets have a positive impact. Indonesian SMEs must be efficient in their …