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Product market competition prevents an entrepreneur from extracting the full social surplus from consumers once investment is sunk. Indeed, a project with positive net surplus may generate negative net cash flow. Hence, traditional intermediaries following an NPV rule fail to fund all socially...
Persistent link: https://www.econbiz.de/10012896856
Spanish Abstract En esta monografía se describen doce principios que rigen las finanzas: el comportamiento financiero egoísta, las dos caras de la transacción, la señalización, la conducta financiera, las ideas valiosas, la ventaja comparativa, el flujo de caja incremental, el valor de la...
Persistent link: https://www.econbiz.de/10012938366
This two-part working paper series represents a distillation of practical approaches with regard to the successful management of so-called “legacy assets” which include both impaired as well as non-performing loans, particularly in those in the real estate and property sectors. This two-part...
Persistent link: https://www.econbiz.de/10011265349
examine the legal and business environments, financing channels, and growth patterns of different types of firms in India … practice and poor institutions characterized by corruption and inefficiency. Alternative finance, including financing from all … external finance. Bank loans provide the second most important external financing source. Firms with access to bank or market …
Persistent link: https://www.econbiz.de/10013112969
loans also induced financing from banks, leading to more efficient allocation of credit. In just four years, Singapore …
Persistent link: https://www.econbiz.de/10013227709
Following a prototype economic modellingapproach for Small-Medium Banks (SMBs) business plans according to structure of Additional Funds Needed (AFN) models this paper examines the volatility of banking efficiency in terms of Key Profitability Variables (KPVs) in order to determine Key...
Persistent link: https://www.econbiz.de/10012153569
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This paper analyzes the situation of SMEs in Mongolia, especially their financial situation and financing mechanisms …
Persistent link: https://www.econbiz.de/10012113891
chains by discussing the case study of the hazelnut. An analysis of the agricultural sector's value chain financing in … Georgia is carried out, its availability and development are discussed, and best practices of value chain financing are …
Persistent link: https://www.econbiz.de/10012019312
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