This empirical paper investigates the determinants of the arbitration taking place after a corporate default. Two ways of resolving financial distress are conceivable: either the creditors privately renegotiate with the debtor, or a formal bankruptcy procedure is triggered off. This arbitration...

There is a continuous commitment of policy makers in the UK to supporting innovation in small and medium firms. For these policy initiatives to be successful, an understanding of the factors driving innovation activities is required. In this study, we focus on the role that Information and...

This paper aims to investigate how improvements in different collaborative SMEs contexts can be eased by applying a common methodology. Considering that a large amount of different management aspects are involved in the configuration of collaborative environments, multiple management methods are...

La presente edición de Microempresa cuenta con dos artículos principales. En el primero se examina el hecho de que las microempresas obtienen crédito en peores condiciones que las grandes compañías: pagan más interés, reciben préstamos más pequeños relativos al flujo de caja y tienen...

The purpose of this publication is to distill the concepts, trends, and best practices in social enterprise development developed through case studies into models and guidelines for building new partnerships that will revolutionize the field in the decade to come. It explores the dynamics of an...

En esta edición de Microempresa se presentan dos artículos principales. En el primero, se examina por qué siendo las instituciones microfinancieras (IMF) una oportunidad atractiva para los inversores privados, son tan pocos los inversores financieros y sociales privados que proveen fondos a...

This book arose out of a study commissioned by the Micro, Small and Medium Enterprise Division of the Inter-American Development Bank aimed at researching cases based on Latin American experiences with competitive cooperation among enterprises, whether brought about as a result of specific...

El Fondo Multilateral de Inversiones y Mix se complacen en presentar la edición de 2009 de Microfinanzas Américas 100, el escalafón anual de las principales instituciones microfinancieras de América Latina y el Caribe. A partir de esta edición las principales instituciones microfinancieras...

Banks are increasingly entering into microfinance, and donors such as the IDB are increasingly helping them to do so. Despite this trend, banks continue to make a number of common mistakes in attempting to serve the microenterprise sector. A key to successfully serving this sector is to follow...