Showing 96,821 - 96,830 of 98,391
financial requests were the firms' poor credit history, insufficient collateral, and insufficient sales, income or cash flow … Central Credit Information Corporation in order to address informational asymmetries. Changing the mindsets of banks and … introducing nontraditional approach to SME lending would also be important along with trainings and capacity-building programs for …
Persistent link: https://www.econbiz.de/10011421246
This article formalises the idea of money-metric production frontiers, which we propose as a general framework for nonparametric evaluation of economic efficiency. As we show in our methodological discussion, this improves the flexibility and economic interpretation of our model. The empirical...
Persistent link: https://www.econbiz.de/10010322175
efficiency lies between 50 to 70 per cent of the best sectors. We conclude that only a minor proportion of Czech SME concentrate …
Persistent link: https://www.econbiz.de/10010322276
The paper quantifies the role of factors associated with the growth (or decline) of micro and small businesses in European economies. The growth is related to employment and value added in enterprises as well as to ten institutional variables. We test the data for consistency of behavioural...
Persistent link: https://www.econbiz.de/10010322319
production process. Our results demonstrate that Czech SME depend in their functioning more on labour than on capital. The impact … a simple test for time effect shows that between 2003 and 2005 Czech SME moved towards higher efficiency. …
Persistent link: https://www.econbiz.de/10010322326
Persistent link: https://www.econbiz.de/10010322676
A governance indicator for Small and Medium-Sized Enterprises (SMEs) is presented. The indicator adopts stakeholder theory in selecting its elements, which also include a few general governance principles as well as board features. The paper reviews main governance indicators treated in the...
Persistent link: https://www.econbiz.de/10010323063
adequate SME governance tools at Greek companies might be beneficial. Good governance leads to a better relationship among … management techniques that can be applied to implement and consolidate SME governance have gained diffusion all over the world … examples of applications to enhance governance at Greek SMEs are provided. Tools applied are (1) A new SME governance indicator …
Persistent link: https://www.econbiz.de/10010323197
This paper is a primer on corporate performance, corporate governance, and their interrelationships and measurement systems, with particular focus on Small and Medium- Sized Enterprises (SMEs). This is the first report of a larger on going research project. In the domain of performance...
Persistent link: https://www.econbiz.de/10010323354
In spite of its growing importance in the African economies, the informal, small-enterprise sector still plays a dubious and little understood role in development. Due to lack of data it is often treated as if it was unrelated to the rest of the economy. However, a number og large surveys...
Persistent link: https://www.econbiz.de/10010323433