Essays about: "Credit Constraints"

Showing result 6 - 10 of 30 essays containing the words Credit Constraints.

  1. 6. The Zero-leverage Puzzle : Evidence from Sweden

    University essay from Uppsala universitet/Företagsekonomiska institutionen

    Author : Karin Spennare; [2021]
    Keywords : financing decisions; capital structure; zero leverage; debt conservatism; financial constraints; financial flexibility;

    Abstract : This study investigates why some firms have no debt in their capital structure despite the potential benefits of leverage. A logistic regression analysis is used to examine the impact of firm-specific characteristics on a firm’s propensity to have zero leverage. READ MORE

  3. 7. Which firm characteristics determine access to finance for SMEs within the East African Community?

    University essay from

    Author : Joseph Fridner; Emil Jonsson; [2020-06-29]
    Keywords : SME; access to finance; East African Community; sub-Saharan Africa; logit; FDR; asymmetric information;

    Abstract : Financial constraints among SMEs are generally more prevalent in the developing world than in the developed world, but SMEs in sub-Saharan Africa stand out as being particularly constrained. Previous studies also show causal links between access to finance and company growth and increased prosperity. READ MORE

  4. 8. Private Equity as an Enabler of Employment Growth: Evidence From European Buyouts

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Edward Yuran; Carl Lexner; [2020]
    Keywords : private equity; employment growth; job creation; credit constraints; labour regulation;

    Abstract : With a unique dataset of 337 buyouts observed during 2012 to 2015 across several European countries, this study aims to answer whether leveraged buyouts enable or stifle employment growth for targets relative to non-private equity owned controls. Through a series of regressions we are able to conclude that private equity ownership is associated with more growth in employment and other operating metrics. READ MORE

  5. 9. The impact of socio-economic factors and attributes on repayment ability in Microfinancing : A study of microfinance programs in the Amhara region

    University essay from Södertörns högskola/Nationalekonomi

    Author : Zeinab Hassano; Felicia Nordgren; [2020]
    Keywords : Microfinance; Psychometrics testinMicrofinance; Psychometrics testing; Group-lending; Disruptive technology; Ethiopia; repayment ability; collateral constraints;

    Abstract : An insufficient financial market means that poor individuals cannot access financial capital, making it difficult for them to generate a stable income. Formal banks see these individuals as unreliable customers because of their financial background and see a risk that these potential customers will not repay their loans, which would put the bank at risk. READ MORE

  6. 10. Can the Guarantee Instrument Fight Poverty? : A Minor Field Study in the Morogoro Region in Tanzania

    University essay from Linköpings universitet/Nationalekonomi

    Author : Linnéa Prytz; Ida Norman; [2019]
    Keywords : Guarantee instrument; Financial access; Productivity; Welfare; Tanzania; Agriculture;

    Abstract : The role of access to finance for economic development has received extensive attention recently, which has brought the issue to the top of the policy agenda. The growing attention has resulted in several public policy initiatives to encourage access to financial services, especially in low-income countries where credit constraints are severe. READ MORE