Masters of disasters? Challenges and opportunities for SMEs in times of crisis

F Eggers - Journal of business Research, 2020 - Elsevier
Small and medium-sized enterprises (SMEs) are the backbone of every economy. So, when
an external crisis jeopardizes markets, such as the recent COVID-19 outbreak, SMEs are hit …

Capital structure of SMEs: a systematic literature review and bibliometric analysis

S Kumar, R Sureka, S Colombage - Management Review Quarterly, 2020 - Springer
Capital structure is the outcome of market conditions, financial decisions taken by the firm,
and credit rationing of fund providers. Research on the capital structure of small and medium …

The global financial crisis and the capital structure of firms: Was the impact more severe among SMEs and non-listed firms?

A Demirgüç-Kunt, MSM Peria, T Tressel - Journal of Corporate Finance, 2020 - Elsevier
Using a dataset covering about 276,998 firms across 75 countries over the period 2004–
2011, this paper examines the short-run evolution of firms' capital structures following the …

When the rainy day is the worst hurricane ever: the effects of governmental policies on SMEs during COVID-19

Y Belghitar, A Moro, N Radić - Small Business Economics, 2022 - Springer
We investigate the impact of COVID-19 on 42,401 UK SMEs and how government
intervention affects their capability to survive the pandemic. The results show that, without …

[HTML][HTML] Does the financial crisis change the effect of financing on investment? Evidence from private SMEs

S Zubair, R Kabir, X Huang - Journal of Business Research, 2020 - Elsevier
This paper examines the real effects of the financial crisis on private firms in the
Netherlands. We find that investments of small and medium-sized private enterprises …

Do traditional financial distress prediction models predict the early warning signs of financial distress?

S Ashraf, E GS Félix, Z Serrasqueiro - Journal of Risk and Financial …, 2019 - mdpi.com
Purpose: This study aims to compare the prediction accuracy of traditional distress
prediction models for the firms which are at an early and advanced stage of distress in an …

Understanding the dynamics of UK Covid‐19 SME financing

R Calabrese, M Cowling, W Liu - British Journal of …, 2022 - Wiley Online Library
The scale of the UK government's response to the Covid‐19 crisis after the first lockdown in
March 2020 was unprecedented. For the business sector, two financing schemes were …

Capital structure, debt maturity, and financial crisis: empirical evidence from SMEs

A D'Amato - Small Business Economics, 2020 - Springer
Based on a unique dataset of Italian small-and medium-sized enterprises (SMEs) over the
2006–2016 period, we investigate how the recent global financial crisis impacted SMEs' …

Financing of working capital requirement, financial flexibility and SME performance

S Baños-Caballero, PJ García-Teruel… - Journal of Business …, 2016 - Taylor & Francis
This paper investigates the relation between the financing strategies of working capital
requirement and firm performance for the period 1997 to 2012. Using the two-step …

SMEs' line of credit under the COVID-19: evidence from China

Y Liu, Y Zhang, H Fang, X Chen - Small Business Economics, 2022 - Springer
How does the COVID-19 affect SMEs' financing in emerging markets? In this paper, we
investigate the impact of the COVID-induced shock on Chinese SMEs' line of credit (LOC) …