... crisis SMEs Cross-sectional sample Dynamic panel-data approach Debt financing plays a role in the development of small and medium-sized enterprises (SMEs) around the world (Beck et al., 2008 ; Harrison and Baldock, 2015 ; Lawless et al., 2015 ; Ono and Uesugi, 2014...

... Risk buffer Global financial crisis SMEs Cross-sectional sample Small and medium-sized enterprises (SMEs) play an important role in economic growth, wealth creation, supply of products and services and employment generation. It is also well known that, regardless of their business...

... is the corresponding author and can be contacted at: Peter.Ohman@miun.se 16 04 2018 04 10 2018 06 10 2018 © Emerald Publishing Limited 2019 Emerald Publishing Limited Licensed re-use rights only Capital structure Financial crisis Small- and medium-sized enterprises Cross-sectional...