Analytical Issues in External Financing Alternatives for SBEs

Bert Scholtens

doi:10.1023/A:1008045531070

Analytical Issues in External Financing Alternatives for SBEs

Bert Scholtens^*

^*Corresponding author for this work

Centre for Responsible Banking and Finance

Research output: Contribution to journal › Article › peer-review

Abstract

As the amount of information about an enterprise is generally not neutral with respect to firm size, financiers have problems to identify the default risk associated with a borrower or to have control over a borrower's investments. This review paper analyses how various control mechanisms are fit to reduce this information problem and how various types of capital suppliers are endowed to finance small business enterprises.

Original language	English
Pages (from-to)	137-148
Number of pages	12
Journal	Small Business Economics
Volume	12
Issue number	2
DOIs	https://doi.org/10.1023/A:1008045531070
Publication status	Published - 1 Jan 1999

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Analytical Issues in External Financing Alternatives for SBEs

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