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Keywords: SMEs
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Journal Articles
Journal of Economic Studies 1–18.
Published: 10 March 2026
...Mariia Molodchik; Marina Zavertiaeva; Dmitry Kirpishchikov; Anastasiya Kireecheva Purpose This study investigates how human capital ( HC ) efficiency influences risk-taking behavior among small- and medium-sized enterprises ( SMEs ), particularly under varying contextual conditions...
Journal Articles
Journal of Economic Studies (2022) 49 (3): 506–521.
Published: 31 March 2021
...Filipe Sardo; Zélia Serrasqueiro Purpose This study seeks to analyse the determinants of working capital of manufacturing small and medium-sized enterprises (SMEs), particularly the effect of the probability of financial distress on working capital. Design/methodology/approach Using panel data...
Journal Articles
Journal of Economic Studies (2021) 48 (6): 1097–1110.
Published: 29 September 2020
... and dynamic panel data, were used to analyse a longitudinal cross-sectional panel dataset of 3865 Swedish SMEs operating in five industry sectors over the 2008–2015 period. Findings The results suggest that the cost of debt was influenced by the financial crisis and another macroeconomic factor, i.e...
Journal Articles
Journal of Economic Studies (2020) 47 (3): 547–560.
Published: 25 February 2020
...Darush Yazdanfar; Peter Öhman Purpose The purpose of this study is to empirically investigate determinants of financial distress among small and medium-sized enterprises (SMEs) during the global financial crisis and post-crisis periods. Design/methodology/approach Several statistical methods...

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