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  • 标题:Romanian SMEs Financing Options: An Empirical Analysis
  • 本地全文:下载
  • 作者:Nistor, Ioan E. ; Popescu, Daniela-Rodica
  • 期刊名称:Finante - provocarile viitorului (Finance - Challenges of the Future)
  • 印刷版ISSN:1583-3712
  • 出版年度:2013
  • 卷号:1
  • 期号:15
  • 页码:12-21
  • 出版社:University of Craiova, Faculty of Economics and Business Administration
  • 摘要:One of the most pressing problems faced by micro, small and medium sized enterprises (henceforth SMEs) in Europe is the access to sufficient funds to sustain their long term growth. Romanian SMEs make no exception. In this context the present paper focuses on analyzing the extent to which external funding sources have contributed to the value added created by the Romanian SMEs between 2007 and 2011.The investigation’s results indicate the existence of a causal link between some forms of external financing (namely bank loans, leasing, factoring, guarantee products and European funds) and the value added created by the Romanian micro, small and medium sized enterprises in the aforementioned period.
  • 关键词:micro; small; medium sized enterprises; bank loans; leasing; factoring; microcredit; European Funds; created value added
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