PL EN


2015 | 2(22) | 393-401
Article title

Dostęp do finansowania jako czynnik rozwoju małych przedsiębiorstw w strefie euro

Content
Title variants
EN
Access to finance as a growth factor of small firms in the euro zone
Languages of publication
PL
Abstracts
EN
The article examines access to finance of small enterprises in euro zone and financial constraints affecting frim growth. It results from the research that the factors that have an impact on the availability of external financing include i.a. general economic outlook, firm-specific outlook and willingness of banks to lend. Recently a fragile economic growth has negatively impacted availability of external financing for all firms in the euro area. In the case of small enterprises access to bank loans has stabilized, however it has deteriorated and remained a key issue in the case of microfirms. Financial obstacles, including availability of external financing, are the most important growth constraints. They impact the smallest firm the most. It suggests that finance should be treated with the first priority in countries interested in creating the environment that facilitates business activity.
Year
Volume
Pages
393-401
Physical description
Contributors
  • Szkoła Główna Handlowa w Warszawie
References
Document Type
Publication order reference
Identifiers
YADDA identifier
bwmeta1.element.desklight-20fb148c-d1cd-4ce1-92fb-b0a8ab277e40
JavaScript is turned off in your web browser. Turn it on to take full advantage of this site, then refresh the page.