This study investigates the (unintended) effects of public subsidies for research and
development (R&D) on the debt financing of small and medium-sized enterprises (SMEs) by …

In the context of economic transformation and ecological civilization construction, breaking
financing constraints and carrying out green technology innovation has become an urgent …

The stability and concentration of the buyer–supplier relationships are crucial factors in the
realm of supply chain finance. Previous studies have focused on the impact of a single …

This study examines the relationship between the introduction of alternative data and trade
credit financing. Using the event of the public launch of firm online sales data in a well …

One of the most crucial obstacles for small-and medium-sized enterprises is access to credit
primarily because of their high opacity. The existing literature underlines that relationship …

How do small and medium-sized enterprises (SMEs) led by women fare with respect to
obtaining trade credit? While both trade credit and bank credit have long been viewed as …

Using stepwise logistic regression models, the study aims to separately detect and explain
the determinants of default probability for unaudited and audited small-to-medium …

This paper investigates whether local cooperative banks played a role in mitigating income
inequality within Italian municipalities following the main crises that marked the European …

We investigate how small businesses responded to liquidity shortages during the financial
crisis, focusing on heterogeneity between young and mature firms. With the sudden onset of …

We provide a causal investigation of the substitutability between trade indebtedness and
bank loans following credit supply shocks, using a large sample of Italian firms at the time of …