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finance available to SMEs in-terms of working capital finance, trade finance and fixed investment, is limited only through …
Persistent link: https://www.econbiz.de/10013047449
While the African Continental Free Trade Area (AfCFTA) provides opportunities for regional financial sector development, it also poses a real test for the continent’s financial system. The ability of Africa’s financial sector to perform the crucial function of facilitating economic growth...
Persistent link: https://www.econbiz.de/10013248026
relationship with non-debt tax shield and direct relationship with investment in fixed assets, supporting the trade-off theory … positive. This is not surprising due to the need to finance these investment opportunities with debt, because rapidly growing …
Persistent link: https://www.econbiz.de/10009756929
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
Previous literature finds that situations that put managers under significant levels of pressure (e.g. IPO, upcoming credit rating changes, violation of debt covenant, etc.) might affect the way earnings are manipulated. The aim of this study is to investigate whether the pressure caused by the...
Persistent link: https://www.econbiz.de/10012971450
The need to pay some attention to the issues of investment processes undertaken in enterprises and explore this topic … the company's point of view, it is crucial to obtain economic effects as a result of the implemented investment. The aim … of the study was to analyze the results of tangible investments in enterprises in Małopolska province in Poland, in two …
Persistent link: https://www.econbiz.de/10012203575
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