Showing 1 - 10 of 4,149
This article tests the hypothesis that financial supply-side shifts help to explain the low-investment climate of …
Persistent link: https://www.econbiz.de/10011317318
constraint causes over-investment if the price of pledgeable assets is expected to go up steeply while it causes under-investment … the problem of under-investment for many SMEs in a recession and casts doubt on the welfare effect of the loan …
Persistent link: https://www.econbiz.de/10012904316
This study explores individual and country-level environmental drivers of informal quot;seedquot; investment. We … in 31 countries, including 5,960 informal investors, we report drivers for the four types of seed investment. Descriptive …
Persistent link: https://www.econbiz.de/10012709266
We examine the link between corporate financing and investment decisions of European firms by using a novel firm …-level survey of the European Investment Bank (EIBIS). The survey provides rich quantitative information of a wide range of … financing sources and tangible and intangible investment types for a representative sample of EU28 firms in 2016. We provide new …
Persistent link: https://www.econbiz.de/10011781087
In this paper, we explore the link between SME investment, firm economic characteristics, and the presence of financing … disaggregates investment by asset type and allows a granular assessment typically not present in the existing literature. Our … approach links investment to the marginal product of capital using a stochastic frontier model to explore, and measure, the …
Persistent link: https://www.econbiz.de/10012510299
This paper investigates whether financial obstacles, and, more generally, financial pressure faced by firms, significantly affect firm growth. For this purpose, we use an unbalanced panel of about 1,000,000 observations for around 155,000 non-financial corporations in five euro area countries....
Persistent link: https://www.econbiz.de/10003826608
Nigeria is a viable country for business and good investment to make more income irrespective of the lingering economic … that depend on traditional debt to aid their establishment, cash flow and investment needs. Although bank financing will … continue to be important for the SME sector, more different options to finance SME could support long-term investment and …
Persistent link: https://www.econbiz.de/10013014198
This study examines the impact of capital structure, working capital, and governance quality on the financial performance of small- and medium-sized enterprises in Taiwan using a sample of more than 2000 firms from the Taiwan Economic Journal (TEJ) during the 24-year period of 1995-2018. Panel...
Persistent link: https://www.econbiz.de/10012626975
corporate investment and its financing structure. We identify shocks to overall demand and loan supply with sign and impact … restrictions. Although tightened financial conditions have adversely impacted corporate investment during and after the sovereign …
Persistent link: https://www.econbiz.de/10012629831
corporate investment and its financing structure. We identify shocks to overall demand and loan supply with sign and impact … restrictions. Although tightened financial conditions have adversely impacted corporate investment during and after the sovereign …
Persistent link: https://www.econbiz.de/10012648857