This study is an attempt to review relevant literature on the theme of corporate real
investment decisions. We have conducted a comprehensive survey of literature on the …

This study explores the survival of firms across countries, and what factors contribute to their
ability to withstand large-scale exogenous shocks, focusing on the COVID-19 pandemic …

Using data for firms publicly listed in China A-share markets during 2008 and 2019, this
study is one of the first to treat Green Credit Guidelines implemented by the government in …

Debt overhang is associated with higher financial fragility and slower recovery from
recession. However, while household credit booms have been extensively documented to …

In this paper we investigate the relation between trade credit provision and national culture
as captured by Hofstede's four cultural dimensions (collectivism/individualism, power …

Growing financial failure at firm-level can have serious consequences for banks in terms of
rising non-performing assets, in the absence of a strong bankruptcy system. Such a scenario …

This study examines the relationship between financial literacy and the leverage of small
firms, specifically of the legal forms, sole proprietorships, and partnerships. Using a cross …

Against the backdrop of high leverage and indebtedness worldwide, the prevention of
corporate default and systemic financial risk has received growing attention from academics …

Abstract Using 74,974 firm-year observations covering 15 developed European countries
over the time period 1999–2017, this paper explores the effect of economic policy …

We analyse small businesses' recourse to public support measures during the COVID-19
crisis using a survey of 1011 self-employed workers and small business owners in …