YOUNG SMES INSOLVENCY.THEORETICAL CONSIDERATIONS AND POLICY ACTIONS
Compared with large firms, young SMEs in general are more leveraged and reliant on bank financing and have significantly higher chances to experience insolvency. High SME insolvency reflect in part the deep and prolonged recession that hit young SMEs hard, both through the collapse in domestic deman...
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| Format: | Article |
| Language: | English |
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Dunarea de Jos University of Galati
2015-05-01
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| Series: | Risk in Contemporary Economy |
| Online Access: | http://www.rce.feaa.ugal.ro/images/stories/RCE2015/Management-Marketing/SebastianCeptureanu.pdf |