This paper focuses on the question whether West German firms have experienced an increase in their financial risk position with due implications for the macroeconomy. The investigation is based on a special evaluation of the balance sheet statistics by the Deutsche Bundesbank broken down into...

The main purpose of this paper is to evaluate corporate debt ratios by size classes in Continental Europe. Evidence is given on a sample of firms in manufacturing industry for ten European countries, all of them being in Euroland apart from Denmark (Austria, Belgium, Denmark, Finland, France,...

Small and medium-sized enterprises are considered to be the principal generator of new jobs in the industrialised countries at least since the Birch (1979) study. According to this image, they are also stabilising the economy during the business cycles because of the lower volatility of their...

This paper aims to investigate how improvements in different collaborative SMEs contexts can be eased by applying a common methodology. Considering that a large amount of different management aspects are involved in the configuration of collaborative environments, multiple management methods are...

La presente edición de Microempresa cuenta con dos artículos principales. En el primero se examina el hecho de que las microempresas obtienen crédito en peores condiciones que las grandes compañías: pagan más interés, reciben préstamos más pequeños relativos al flujo de caja y tienen...

The purpose of this publication is to distill the concepts, trends, and best practices in social enterprise development developed through case studies into models and guidelines for building new partnerships that will revolutionize the field in the decade to come. It explores the dynamics of an...

En esta edición de Microempresa se presentan dos artículos principales. En el primero, se examina por qué siendo las instituciones microfinancieras (IMF) una oportunidad atractiva para los inversores privados, son tan pocos los inversores financieros y sociales privados que proveen fondos a...

This book arose out of a study commissioned by the Micro, Small and Medium Enterprise Division of the Inter-American Development Bank aimed at researching cases based on Latin American experiences with competitive cooperation among enterprises, whether brought about as a result of specific...

El Fondo Multilateral de Inversiones y Mix se complacen en presentar la edición de 2009 de Microfinanzas Américas 100, el escalafón anual de las principales instituciones microfinancieras de América Latina y el Caribe. A partir de esta edición las principales instituciones microfinancieras...

Banks are increasingly entering into microfinance, and donors such as the IDB are increasingly helping them to do so. Despite this trend, banks continue to make a number of common mistakes in attempting to serve the microenterprise sector. A key to successfully serving this sector is to follow...