The aim of the paper is to determine the investment activity of small firms in Croatia during the crisis year 2012 and … further analyse the effect of selected factors on capital investment decisions. For this purpose, an on-line survey of small … revenue in 2011, because it was assumed they would have greater investment potential in 2012. Research results show that …

In this paper, we use firm-level survey data to explore the determinants of SME investment activity and the extent to … which observed investment is in line with that suggested by economic fundamentals. In contrast to previous literature which … has focused on whether investment gaps exist at a more aggregate level, we find evidence that for SMEs actual investment …

financial crisis on financing and investment behaviours of SMEs, which remains scarce in the existing studies. The results find … that there is a reduction in SMEs' investment caused by the crisis period. In addition, following the onset of the economic … crisis, the internally generated finance is more influential on SMEs' investment than the supply of bank finance, supporting …

SMPEs with positive taxable income increased investment, interest expense and productivity. SMPEs in taxable losses did not …