BACKGROUND In 2015 around 15 million people living with HIV were receiving antiretroviral treatment (ART) in sub-Saharan Africa. Sustained provision of ART, though both prudent and necessary, creates substantial long-term fiscal obligations for countries affected by HIV/AIDS. As donor assistance for health remains constrained, novel financing mechanisms are needed to augment funding domestic so...

Despite anecdotal evidence connecting angel and venture capital (VC) financing, there is little systematic evidence on how the two early-stage capital sources interact. To study this topic, I assemble the first comprehensive dataset on angel financing and characterize its size, scope, and role in the early-stage capital market. I use the population of newly incorporated startups located in Cali...

Small and medium-sized enterprises (SMEs) play an increasingly vital role in the economic advancement of nations. Nonetheless, these often face challenges accessing formal external funding channels. The emergence Islamic microfinance presents a potential solution to alleviate financial constraints confronting SMEs. Given primary mission institutions (MFIs) uplift socio-economic status underpriv...

the purpose of this research is to study the effects of board of director structure on financing constraints for the companies listed on tehran stock exchange (tse). for this purpose, indigenised kaplan and zingales (kz) index  has been used as a proxy for financing constraints. the population consists of 56 companies of tse spanning 2007-2013 and the multivariate logistic regression is used. t...

One of the main problems encountered by micro, small, and medium enterprises (SMEs) is capital injustice system in bank lending rates high cost conventional interest rate for borrower (micro, enterprises). As a result, SMEs are looking other alternatives to increase proposing financing Islamic banking. The purpose this study examine preference choose Bank Syariah Indonesia (BSI) Municipality Ma...

This paper constructs a stochastic version of an endogenously growing economy with a public good that raises the productivity of private capital. We explore how growth and welfare are influenced by changes in the mean and variance of productive public spending under two alternative financing methods, mixed money–bond financing and wealth-tax financing. In addition, to evaluate the differences b...

in the context of international trade factoring as one of the important ways of financing, is a dominant method of asset based financing for small and medium enterprises. financing through factoring be done in the form of a contract between the creditor and factor, and determining the legal nature of this contract is important to identify and determine its effects. with this regard, this paper ...

background: households’ financial protection against health payments and expenditures and equity in utilization of health care services are of the most important tasks of governments. this study aims to measuring equity in household’s health care payments according to fairness in financial contribution (ffc) and kakwani indices in tehran-iran, 2013. methods: this cross-sectional study was condu...