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availability of credit to small businesses which has been further fueled by empirical studies that partly confirm a reduction in …
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Relationship lending is a common practice in credit financing all over the world, particularly in Germany. On the basis …
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This study examines the consequences of loan denials for the investment performance of small and medium-sized German enterprises. As a consequence of a loan denial, innovative companies experience a smaller drop in the share of actual to planned investment than non-innovative companies. The...
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Relationship lending is a common practice in credit financing all over the world, notably also in the European Union …&D-intensive firms, tend to choose a relationship lender. The same is observed for firms of high credit quality, independent of their …
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