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We examine businesses' financial management of a rare, severe event using detailed firm-level data collected following Hurricane Sandy in the New York area. Credit played a prominent role in financing recovery; more negatively affected firms took on debt because of Sandy (38%) than received...
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We examine businesses' financial management of a rare, severe event using detailed firm-level data collected following Hurricane Sandy in the New York area. Credit played a prominent role in financing recovery; more negatively affected firms took on debt because of Sandy (38%) than received...
Persistent link: https://www.econbiz.de/10012983420
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with industry standards. However, small and medium-sized businesses (SMEs) rarely have adequate resources to develop their … undermine SMEs’ sustainability. The primary reasons for the low adoption rate of risk management are related to the tremendous … small and medium-sized businesses with which they can identify, evaluate, and appropriately address risks from an SME …
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