Internationalisation and financing options of Ghanaian SMEs

FINANCING OPTIONS FOR SMALL AND MEDIUM ENTERPRISES (SMEs) IN NIGERIA

Small and Medium enterprises act as catalysts in the economic development of the developed and developing countries. Developing countries like Nigeria that require sustained economic growth in their economies must pay attention to the SME sector and harness the great potential to generate employment, improved local technology, output diversification, developed indigenous entrepreneurship and fo...

On the internationalisation of New Zealand SMEs

Small businesses around the world often internationalise by means of exporting. In contrast, many small New Zealand firms have had relatively little success at exporting, and since the liberalisation of imports, many have preferred to internationalise by becoming involved in importing, rather than exporting. This may harm the public good.

Auditor Choice and Cost of Debt Financing for Private SMEs

This study examines relation of the auditor choice and cost of debt financing for private SMEs (small and medium sized enterprises). In particular, it examines whether choice of a certified auditor or reputable international audit firm provides economic value to private SMEs as a factor lowering firms' information problems and cost of debt financing in the capital markets. Using time-series cro...

Options for financing pandemic preparedness

Investment and Financing Options with Capital Constraints

We review and extend recent contingent claims models of capital structure. We focus on two models with analytic formulas in perpetual horizonLeland (1994) and Mauer and Sarkar (2004). We implement the investment option in both models in finite horizon with a numerical lattice while maintaining the analytic structure for the capital structure decisions in the second stage by maintaining the perp...