Purpose Innovation in financing processes, enabled by the advent of new technologies, has
supported the development of alternative finance funding tools. In this context, the study …

This study investigates the impact of local antigambling interventions (AGIs) on corporate
financialization. From the perspective of formal institutions' influence on culture, our findings …

Credit guarantee schemes have emerged as one of the preferred choices for policy makers
concerned about financing small and medium-sized enterprises (SMEs). This article …

We review the literature on the effectiveness of public policies to facilitate firms' access to
finance. The rationale for such policies is to address market failures that cause financial …

Theories of loan contracting in the presence of asymmetric information highlight the key role
of collateral in mitigating against credit rationing. However, theory also allows for the use of …

We use data from Chinese listed companies and find that labour outsourcing reduces the
cost of equity by enhancing operational flexibility and reducing cash flow volatility. This …

We examine whether mutual fund illiquidity introduces fragility into stock prices. The results
show that stocks held by more illiquid funds subsequently experience higher left-tail risk and …

This study provides the first firm-level evidence of the impact of a Mutual Credit System
(MCS) on firm resilience. MCSs were introduced in local economies as monetary systems for …

We investigate the relationship between the use of a public credit guarantee scheme for
small businesses and the efficiency of credit allocation using region-and industry-level data …

Las pequeñas y medianas empresas industriales de la ciudad de Cuenca-Ecuador, se
enfrentan a situaciones de riesgo financiero, al no lograr cumplir con los requisitos para el …