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Persistent link: https://www.econbiz.de/10012819237
In this paper, we traced the survival status of 94,401 small businesses in 17 European emerging markets from 2007-2017 and empirically examined the determinants of their survival, focusing on institutional quality and financial development. We found that institutional quality and the level of...
Persistent link: https://www.econbiz.de/10012297522
In this paper, we traced the survival status of 94,401 small businesses in 17 European emerging markets from 2007–2017 and empirically examined the determinants of their survival, focusing on institutional quality and financial development. We found that institutional quality and the level of...
Persistent link: https://www.econbiz.de/10012304241
Persistent link: https://www.econbiz.de/10013391023
This paper examines the mainstream theories of "financial sustainability" and "financial development". It is suggested understanding "financial development" as the complex dynamic characteristics of the financial sector, which is formed under the influence of financial and economic policy...
Persistent link: https://www.econbiz.de/10012302049
Africa. Our paper contributes to the extant literature by using other financial market development variables-ease of access … influence the level of financial markets development in the context of Africa. We employ a two-step generalized method of moment … relevant in explaining ease of access to loans and venture capital availability in Africa. Based on these results, our paper …
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