There is no doubt that access to finance is of crucial importance for the ongoing and
sustainable growth and profitability of small and medium enterprises sector (SMEs) through …

Surveys on the link between financial markets and economic growth routinely cite scores of
distinct papers, 1 and yet the abundance of both theoretical and empirical research on the …

Recently, the rapid development of digital finance in China has exerted a subtle influence on
many aspects of social and economic development. However, the research on the impact of …

This paper investigates whether environmental regulation affects inbound foreign direct
investment. The identification uses the Two Control Zones (TCZ) policy implemented by the …

Financial technology (fintech) is rapidly transforming the economy as well as the financial
landscape in China. This paper attempts to shed light on its contributing factors, current …

Purpose Micro, small and medium-sized enterprises (MSMEs) are the backbone of
economic development for every economy. They contribute to local economic development …

We examine the relation between political uncertainty and cash holdings for firms in China.
We document that, during the first year of a new city government official's appointment, a …

This study examines the moderating effect of firm size on the relationship between
innovation and firm performance of small and medium enterprises in 29 countries in Eastern …

We examine the role of firms' government connections, defined by government intervention
in CEO appointment and the status of state ownership, in determining the severity of …

This paper investigates the contribution of small firms to employment, job creation, and
growth in developing countries. While small firms (< 20 employees) have the smallest share …