Ng Sin Huei; Yang, Yunze; Lee, Chin-Chong; Chui Zi Ong - In: International Journal of Financial Studies : open … 11 (2023) 3, pp. 1-16
As opposed to developed markets, financing constraints are a more pressing issue among Small and Medium …-Sized Enterprises (SMEs) in emerging markets. We explore the severity of financing constraints on SMEs, and examine the role of supply … listed SMEs in China show significant cash–cash-flow sensitivity, and financing constraints are prevalent. We document that …