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Small and medium enterprises (SMEs) represent a large percentage of the corporate tissue of developed countries, but they do not have adequate attention. In fact, various researchers have focused their studies on larger and well-known companies. This paper aims to investigate the impact of...
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Für den wirtschaftlichen Aufholprozeß der neuen Bundesländer nach der Vereinigung Deutschlands spielt die Finanzierung … kleiner und mittelständischer Unternehmen (KMU) eine Schlüsselrolle. Die deutschen Banken sehen sich oft dem Vorwurf … Sterberaten von KMU, um die Ergebnisse für die Erklärung räumlich unterschiedlicher Finanzierungsbedingungen am Beispiel eines Ost …
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The vast majority of firms in Europe are micro firms. Still, we know little about their financing patterns. Our paper aims to close this gap. Based on a large European firm-level data set, we find that micro firms differ in their financing patterns from small and medium-sized companies. Our...
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enterprises (SMEs) in Germany from 1991 to 2011. From the survey data, we derive a financial constraints measure based on managers …
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Proper financial management is essential for business survival because firm's inability to identify and implement relevant financial management practices can affect its performance. This study examines financial management practices and their relationship with performance of small and medium...
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Financial management is an important element of the management of any business. This study was therefore, designed to establish the effect of financial management practices on financial performance of small and medium enterprises in Kiambu town in Kenya. Three variables namely Working Capital...
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