The primary goal of this study is to gauge the incentive properties of the various sources of microenterprise financing. Specifically, the study seeks to investigate the effects of nature and a range of institutional sources of finance on micro and small enterprises' (MSEs) productivity edge and...

Analyses of zombie firms have emphasised the role of bank financing as the reason for zombie survival. This conclusion was made despite no comparative analysis of the sources of external finance for zombie firms. This paper provides the first analysis of that sort using Finnish data....