Business is an important factor for the development of the economy of any country. Over the last ten years the Government of Pakistan has been playing an important role in promoting the Small and Medium Enterprises (SMEs) and improving their governance standards. It is also true that finance is...

The objective of this paper was to explore whether and how the main capital structure determinants of SMEs affected capital structure determination in different ways during the years of economic crisis. We used panel data of 8,052 SMEs operating in Greece during 2009-2012. We found that the...