Short- and long-term debt determinants in Swedish SMEs
Abstract
Purpose This paper aims to empirically investigate the capital structure determinants of small and medium-sized enterprises (SMEs) with a particular focus on short- and long-term debt. Design/methodology/approach Several methods were used to analyse a sample of 15,897 Swedish SMEs for which complete financial information was available for a four-year period following the 2008 financial crisis, i.e. the 2009-2012 period. Findings The results...
Paper Details
Title
Short- and long-term debt determinants in Swedish SMEs
Published Date
Feb 13, 2017
Volume
16
Issue
1
Pages
106 - 124
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