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In this paper we investigate the capital structure determinants of Greek, French, Italian and Portuguese small and medium sized enterprises (SMEs). We compare the capital structure of SMEs across countries and consider if differences in country characteristics such as financial development and...
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We investigate the capital structure determinants of small and medium sized enterprises (SMEs) using a sample of Greek and French firms. We address the following questions: Are the capital structure determinants of SMEs in the two countries driven by similar factors? Are potential differences...
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Using a unique database of survey respondents on crowdinvesting, we explore users' perceptions of motivations and risks of crowdfunding with financial returns (equity crowdfunding and p2p lending). Specifically, our sample consists of respondents on a crowdinvesting survey from Germany, Spain...
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In this paper I investigate the level of access of the opaque micro and small firms to finance. The objective of the paper is threefold: first to analyze how small and micro firms finance themselves, second to investigate what their financing preferences are and third to explore their opinions...
Persistent link: https://www.econbiz.de/10013137760
The subject of the capital structure decision of firms has been thoroughly studied both theoretically and empirically. This paper adds to the existing literature by examining a number of hypotheses relating to the capital structure decision in relation to the firms' size, namely by...
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