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A Firm-Level Analysis of Small and Medium Size Enterprise Financing in Poland

The authors test competing theories of capital structure choices using firm-level data on firm borrowings. The majority of firms in the dataset are privately owned, young, micro or small and medium enterprise (SME) firms concentrated in the service sector. In general, the financing pattern of firms...

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Bibliographic Details
Main Authors: Klapper, Leora, Sarria-Allende, Virginia, Zaidi, Rida
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
ACCOUNTING
AGRICULTURE
ANNUAL SALES
ASSET SUBSTITUTION
ASSETS
ASYMMETRIC INFORMATION
BANK LENDING
BANKRUPTCY
BORROWING
BUSINESS ENVIRONMENT
COMMERCIAL BANKS
COMPANY
COMPETITIVENESS
CORPORATE GOVERNANCE
CORPORATE INCOME TAXES
CORPORATE PERFORMANCE
CORPORATION
CORPORATIONS
COST OF CAPITAL
CREDIT RATIONING
CREDITOR PROTECTION
DEBT
DISCLOSURE
DISCLOSURE REQUIREMENTS
EAST EUROPEAN
EMPLOYMENT
ENTREPRENEURS
EXPROPRIATION
EXTERNAL FINANCING
FINANCIAL INFORMATION
FINANCIAL INTERMEDIARIES
FINANCIAL INTERMEDIATION
FINANCIAL STRUCTURES
FIRM SIZE
FIRMS
FUTURE CASH FLOWS
GDP
GDP PER CAPITA
GROSS MARGIN
GROWTH RATE
INTEREST RATE
INVESTMENT ACTIVITIES
INVESTMENT DECISIONS
JOB CREATION
LIQUIDITY
LIQUIDITY CONSTRAINTS
LISTED COMPANIES
MARGINAL VALUE
MEDIUM ENTERPRISES
NPV
OWNERSHIP STRUCTURE
POLITICAL ECONOMY
PRIVATE INVESTORS
PROFITABILITY
PROPERTY RIGHTS
REGRESSION ANALYSIS
RISKY INVESTMENTS
ROA
SECURE PROPERTY RIGHTS
SHAREHOLDERS
SMALL FIRMS
SME
SME FINANCING
SME LENDING
SME SECTOR
SOFT BUDGET CONSTRAINTS
STATE OWNED ENTERPRISES
STATEMENTS
SUPPLIERS
TAXATION
TERM FINANCE
TRADE CREDIT
TRANSITION ECONOMIES
TRANSITION ECONOMY
TRANSPARENCY
Online Access:http://documents.worldbank.org/curated/en/2006/08/6969584/firm-level-analysis-small-medium-size-enterprise-financing-poland
http://hdl.handle.net/10986/8352

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