This paper examines the financing structure of small and medium-sized enterprises (SMEs) in Germany and questions … whether an equity gap - or, more generally, a financing gap -exists. Reviewing the literature and available data sources, we … find that financing constraints seem to affect, if at all, only a very small subgroup among highly growth-oriented firms …

analyses with regard to debt financing, external equity financing and debt constraints via agency cost. -- Capital income …

countries. Second, by classifying each NGO according to its financing structure, we address the unresolved question of whether … of financial dependence for imitating the state and herding among NGOs. -- NGO aid, aid allocation, official co-financing …