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contributors to economic growth. By examining the economic and investment decisions behind these businesses, the author shows how …) Working Capital Management -- Part 4) Valuation -- Chapter 11) Time Value of Money -- Chapter 12) Evaluating Investment … Harvesting -- Chapter 14) Financing Choice -- Chapter 15) Harvesting the Business Venture Investment …
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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 …
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In this paper, we use firm-level survey data to explore the determinants of SME investment activity and the extent to … which observed investment is in line with that suggested by economic fundamentals. In contrast to previous literature which … has focused on whether investment gaps exist at a more aggregate level, we find evidence that for SMEs actual investment …
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