How Local Finance and Enforcement Shaped SME Credit Choices before and during the COVID Crisis

How Local Finance and Enforcement Shaped SME Credit Choices before and during the COVID Crisis

Credit from suppliers is an important source of finance for firms. It can sustain firms’ financial flexibility even in periods of downturn. In this study, using a large database of 90,763 Italian firms in the 2015–2021 period, we investigated how local financial development affects the trade-credit...

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Bibliographic Details
Main Authors: Francesco Fasano, Maurizio La Rocca, F. Javier Sánchez-Vidal, Maria Josephin Lio, Alfio Cariola
Format: Article
Language:English
Published: MDPI AG 2024-01-01
Series:International Journal of Financial Studies
Subjects:
financial development
judicial enforcement
trade credit
COVID crisis
Online Access:https://www.mdpi.com/2227-7072/12/1/10

Internet

https://www.mdpi.com/2227-7072/12/1/10

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