Financial constraints and small and medium enterprises: A review

S Bakhtiari, R Breunig, L Magnani, J Zhang - Economic Record, 2020 - Wiley Online Library
We review the literature on financial constraints and the performance of small and medium
enterprises (SMEs). We consider the important role that SMEs play in the economies of …

Financial constraints and the failure of innovation projects

J García-Quevedo, A Segarra-Blasco… - … forecasting and social …, 2018 - Elsevier
Although many innovation projects are abandoned before completion, the empirical
evidence has focused on the determinants of innovation, while failed projects have received …

Formal and informal financing decisions of small businesses

B Nguyen, NP Canh - Small Business Economics, 2021 - Springer
This study investigates small businesses' financing decisions. Drawing upon asymmetric
information theory, institutional theory and relevant literature on cognitive financial …

Measuring firms financial constraints: a rough guide

F Silva, C Carreira - Notas Económicas, 2012 - impactum-journals.uc.pt
The recent years have been prolific in terms of development of new measures of firms'
financial constraints. This paper surveys the main strategies proposed. Additionally, we …

The harder they fall, the faster they rise: Approach and avoidance focus in narcissistic CEOs

PC Patel, D Cooper - Strategic Management Journal, 2014 - Wiley Online Library
Drawing on theoretical underpinnings of approach‐avoidance motivation and CEO
narcissism, we provide a framework examining stronger approach focus (motivation towards …

Financial constraints and productivity: Evidence from euro area companies

A Ferrando, A Ruggieri - International Journal of Finance & …, 2018 - Wiley Online Library
Using firm‐level data from the Bureau van Dijk‐Amadeus database, we study the relation
between firms' financial structure, access to external finance, and total factor productivity in …

Can informal firms hurt registered SMEs' access to credit?

I Distinguin, C Rugemintwari, R Tacneng - World Development, 2016 - Elsevier
Using firm-level survey responses from 2009 to 2012, we examine whether competitors from
the informal sector affect the credit constraints of registered SMEs in 86 countries worldwide …

Financial constraints, investments, and environmental strategies: An empirical analysis of judicial barriers

G Falavigna, R Ippoliti - Business Strategy and the Environment, 2022 - Wiley Online Library
This work analyzes the relation between the judicial system and financial constraints,
investigating whether inefficiency in enforcing credit rights can amplify companies' difficulties …

Establishment exits in Germany: the role of size and age

D Fackler, C Schnabel, J Wagner - Small Business Economics, 2013 - Springer
Using comprehensive data for West Germany, this paper investigates the determinants of
establishment exit. We find that between 1975 and 2006 the average exit rate has risen …

Geographical proximity and open innovation of SMEs in Cyprus

C Kapetaniou, SH Lee - Small Business Economics, 2019 - Springer
Open innovation implies that geographical proximity is irrelevant. However, we posit that any
potential innovation outcome depends on the spatial constraints on openness. In this paper …