Caccavaio, Marianna; Carmassi, Jacopo; Di Giorgio, Giorgio - Dipartimento di Economia e Finanza (DEF), Libera … - 2012
Italian SMEs go public much less than SMEs located in other European countries, even though their relevance for the national economy is relatively higher in terms of employment and value added. Why do Italian SMEs so scarcely rely on equity as an external source of finance, despite the option of...