Financial crisis and SME capital structure: Swedish empirical evidence

Volume: 46, Issue: 4, Pages: 925 - 941
Published: Aug 5, 2019
Abstract
Purpose The purpose of this paper is to empirically examine capital structure determinants of small- and medium-sized enterprises (SMEs) during and after the global financial crisis. Design/methodology/approach Statistical methods, including ordinary least squares and the generalised method of moments, were used to analyse a sample of over 40,800 Swedish SMEs operating in four industries during the 2008–2015 period. Findings The results indicate...
Paper Details
Title
Financial crisis and SME capital structure: Swedish empirical evidence
Published Date
Aug 5, 2019
Volume
46
Issue
4
Pages
925 - 941
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