Showing 1 - 10 of 4,304
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
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
Cash holdings at the onset of a financial crisis are a key determinant of investment by SMEs not only during the crisis … persistent and growing investment gap. The amplification effect was present for SMEs with both volatile and stable cash holdings …
Persistent link: https://www.econbiz.de/10012509557
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
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
analyze the relationship between investment and internal cash flows. The results indicate that the investment sensitivity to … VC-backed SME investment. The moderation effect of VC ownership reduces the magnitudes of the positive impact of cash … flows and debt as well as the negative effect of growth opportunities on investment in both smaller and larger VC …
Persistent link: https://www.econbiz.de/10012241535
traditional investment self-financing, while no clear statistical evidence is found in the R&D case. Credit rationing is not …
Persistent link: https://www.econbiz.de/10011731350
significant positive relationship with investment during the pre-crisis and post-crisis periods. But, during the crisis period …, internal finance became significantly less influential on investment compared to external finance. The findings of the study …
Persistent link: https://www.econbiz.de/10012844709
) was the effect driven by past investment patterns? We find that access to shareholder funding during the crisis offset the …
Persistent link: https://www.econbiz.de/10012940395
traditional investment self-financing, while no clear statistical evidence is found in the R&D case. Credit rationing is not …
Persistent link: https://www.econbiz.de/10013090276