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period (1996-2014). Methods: The study employs Arellano-Bover/Blundell-Bond dynamic panel data model to estimate adjustment … leverage, dynamic panel data reports highest adjustment rate for growing firms, followed by mature firms and firms in declining …
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start-up. We use a sample of 200 business start-ups and the GMM panel data estimation over the period 2006-2010. …
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Small and medium enterprises (SMEs) represent a large percentage of the corporate tissue of developed countries, but they do not have adequate attention. In fact, various researchers have focused their studies on larger and well-known companies. This paper aims to investigate the impact of...
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