Finnish businesses face fewer financial challenges than their European peers. To the extent financial challenges do exist, they disproportionately affect young, small, innovative, internationally focused, and growth-seeking companies. Our findings are based on extensive firm-level data. The data...

Finnish businesses face fewer financial challenges than their European peers. To the extent financial challenges do exist, they disproportionately affect young, small, innovative, internationally focused, and growth-seeking companies. Our findings are based on extensive firm-level data. The data...

In this paper we study the relation between firm-level disclosure quality and the availability of external finance to firms. Using data on Finnish firms that are mostly private and small, we first estimate ‘excess growth’ made possible by external finance. We then show that the excess growth...

In this paper, we analyse the economic impacts of the low-carbon roadmap made for the Finnish forest indus-tries. The analysis is based on a future scenario provid-ed by AFRY. Given the unit prices and production levels of six forest industry production categories, we assess the value added and...

In this paper, we analyse the economic impacts of the low-carbon roadmap made for the Finnish forest indus-tries. The analysis is based on a future scenario provid-ed by AFRY. Given the unit prices and production levels of six forest industry production categories, we assess the value added and...