Sökning: "credit rationing"

Visar resultat 1 - 5 av 8 uppsatser innehållade orden credit rationing.

  1. 1. The Zero-leverage Puzzle : Evidence from Sweden

    Master-uppsats, Uppsala universitet/Företagsekonomiska institutionen

    Författare :Karin Spennare; [2021]
    Nyckelord :financing decisions; capital structure; zero leverage; debt conservatism; financial constraints; financial flexibility;

    Sammanfattning : This study investigates why some firms have no debt in their capital structure despite the potential benefits of leverage. A logistic regression analysis is used to examine the impact of firm-specific characteristics on a firm’s propensity to have zero leverage. LÄS MER

  3. 2. Credit tightening and financial debt sustainability: a panel approach to Italian firm-level data

    D-uppsats, Handelshögskolan i Stockholm/Institutionen för nationalekonomi

    Författare :Chiara Billi; [2016]
    Nyckelord :panel data; corporate distress; bank lending; credit rationing;

    Sammanfattning : The aim of this paper is to examine how the macroeconomic shock caused by the sovereign debt crisis of 2012, through its impact on credit markets, was transmitted to the debt sustainability of Italian manufacturing firms. Using original panel data on 12,103 firms and adopting a fixed effects strategy I test the existence and the impact of the bank lending and balance sheet transmission channels on corporate debt sustainability. LÄS MER

  4. 3. Credit Guarantee Schemes in European Economies: The Potential Impact of Different Financial Systems

    Master-uppsats, Lunds universitet/Ekonomisk-historiska institutionen

    Författare :Sandra Hall; [2016]
    Nyckelord :Credit guarantee scheme; SME; financial system; capital market; Business and Economics; Social Sciences;

    Sammanfattning : The access to credit for micro, small and medium enterprises is argued to be suffering from market disequilibrium with information asymmetries, adverse selection and capital rationing being present. Different instruments can and have been used by policy makers to try to battle these problems. LÄS MER

  5. 4. Financing frictions: Collateral and its Effect on Firm Investment in Europe

    D-uppsats, Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Författare :Johan Möller; Frej Andreassen; [2013]
    Nyckelord :Collateral; Credit rationing; Firm investment; Financing frictions; Real estate;

    Sammanfattning : This thesis examines financing frictions in the European market by investigating how exogenous variation in firms' collateral through real estate value variation affects firm investment. Using a nine years dataset on European firms, we conclude that the collateral channel effect is as prominent in Europe as the one found in USA by other authors. LÄS MER

  7. 5. Ingen allvarlig kreditåtstramning i Sverige - en granskning av Riksbankens analys

    D-uppsats, Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Författare :Jennifer Johnson; [2010]
    Nyckelord :Financial crisis; Credit rationing; Debt financing; Bank of Sweden;

    Sammanfattning : During the recent financial crisis there has been an intense debate regarding small enterprise’s possibilities to borrow money. Statements from interest groups and results from surveys among Swedish non-financial companies indicate that their situation has worsened. LÄS MER