...Riad Baha; Aldo Levy; Amir Hasnaoui Purpose This study examines the existence of a causal relationship between the capital structure at the creation of the small and medium-sized enterprise (SME) and its viability after 3 years. Design/methodology/approach The empirical strategy consists...

... Focusing on French small- and medium-sized enterprises (SMEs), which tend to be dependent on bank loans, the authors examine the relationship between leverage and firm performance. This study was based on a unique panel data set of more than 2,157 manufacturing SMEs covering the years 2007-2015...

... of these formal institutions have been reforming and warming up to small- and medium-sized enterprises (SMEs) (de la Torre et al., 2010). Both bank- and MFI-level studies are yet to assess the assertion that lending to SMEs is associated with higher credit risk. This study takes cue from this gap...

...Eva Maria Falkner; Martin R.W. Hiebl Purpose – The purpose of this paper is to provide a systematic literature review of available research evidence on risk management in small and medium-sized enterprises (SMEs). The authors aim to reveal ambiguities, gaps and contradictions in the literature...