Mittelstandsfinanzierung: Rahmenbedingungen, Status quo und Entwicklung

Carl Heinz Daube, Harald Dobernig, Marco Becker, Markus Peskes

Research output: Contribution to journalArticlepeer-review

Abstract

Small and midcap companies are the backbone of the German economy with respect to employment, contribution to GDP, tax payments, share at world market, innovation – to mention just a few. Hence, it is important that economic and political conditions are favorable for small and midsize enterprises. The article takes a closer look at the funding conditions for companies of the non-financial sector using data starting 2002 analyzing the usage of bank loans and turnover. The statistical outcome suggests that there is often a strong correlation between bank loans and turnover. However, it also suggests the traditional funding from banks is becoming less significant and direct funding instruments using capital markets becoming more essential.
Original languageGerman (Austria)
Pages (from-to)728-733
Number of pages5
JournalZeitschrift für das gesamte Kreditwesen
Volume2017
Issue number70(15)
Publication statusPublished - 2017
Externally publishedYes

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