Finanzierung

Are firms that are managed and owned by females-only appraised differently than those where genders mix at the top? To answer this question, we study 7,467 small and medium-sized firms from 22 countries. We find that—when borrowing from …

Accelerators are the crucial foundations that influence development of the entrepreneurial ecosystem and new venture creations. Although about 10 years have passed since the establishment of the first accelerator in the United States, there are …

In this paper, we analyze a firm choice between crowdfunding and bank financing. For many entrepreneurs, it is an important issue. We analyze a model where the choice of financing is affected by moral hazard problem regarding the choice of …

Drawing on the signalling theory and stakeholder theory, this study extends the literature on corporate social responsibility (CSR) by examining the relationship between firms’ CSR performance and their access to bank credit loans, and …

Commercial banks play a critical role as financial intermediaries and channel funds from savers to borrowers in an efficient manner. In doing so, banks are exposed to market, credit, liquidity, and operational risks. These risks should be …

The as-is environment comprises the source systems explained in Section 1.3 of Chapter 1 and the risk management solutions explained in this chapter. The narrative in this chapter does not follow Basel III requirements, nor does it discuss …

This paper aims to examine whether family ownership and board characteristics influence the indebtedness of listed firms from North Africa. Our study is a secondary data analysis using ownership, and board data for the period 2014–2018. The sample …

This is what can be referred to as a bridge chapter in the sense that it provides the setup for what comes from this point forward while building upon the introduction from the opening chapter. It is sometimes easy to shortchange such topics …