Purpose – The purpose of this paper is to seek to investigate the impact of cash conversion cycle (CCC) on performance (i.e. profitability) in Swedish small and medium-sized enterprises (SMEs) over the 2008-2011 period. Design/methodology/approach - The study uses a seemingly unrelated...

Purpose – This study aims to empirically examine the applicability of the life cycle model of firm performance to growth and profitability among Swedish small- and medium-sized enterprises (SMEs). Design/methodology/approach -Using analysis of variance, multiple analysis of variance and...

Purpose –The purpose of this study is to examine the relationship between debt level and performance among small and medium-sized enterprises (SMEs). Design/methodology/approach -Unlike the vast majority of previous research, this study uses three-stage least squares (3SLS) and fixed-effects...

Purpose – The purpose of this paper is to investigate the variables affecting firm profitability, applying the seemingly unrelated regression method to a large sample of approximately 87,000 observations covering 12,530 non-financial micro firms operating in four industry sectors, from 2006 to...

Small firms in general have limited access to funding, which is a major problem for entrepreneurs. In particular, this problem is evident for women and ethnic minority groups. The purpose of the study is to examine empirically the impact of gender, ethnicity and other relevant variables on the...

This paper provides evidence on ethnic differences in bank debt financing among small Swedish firms at the start-up stage. The empirical analysis is carried out on a sample of small firms consisting of 2,814 native- and immigrant-owned firms for year 2008. The method of binary logistic...

The purpose of this paper is to examine the profitability life cycle among Swedish micro firms. The study sample contains 22,710 micro firms across six industries for which complete financial information is available, giving a total of 68,130 observations. The results of the empirical study...

This study addresses how property appraisers forecast one important component of the commercial property valuation model: net operating income. We compare appraisers’ <italic>ex ante</italic> forecasts with corresponding <italic>ex post</italic> figures from company financial reports. The data are from the Swedish Property...

Purpose – The purpose of this paper is to examine to what extent and in what forms loan applications from small and medium-sized enterprises (SMEs) in a risk averse banking environment can be assessed defensively by lending officers (LOs). The paper also identifies triggering mechanisms behind...

Purpose – The purpose of the paper is to develop, test, and improve a structural equation model (SEM) of client satisfaction with the audit, and of client perception of the usefulness of the audit to external stakeholders. Design/methodology/approach – A questionnaire was mailed to audit...