Research Seminar ' Empirical Corporate Finance '
The School of Finance in frame of "Empirical Corporate Finance" Research Seminar organises a presentation by Joseph A. McCahery, Professor of International Economic Law and a Professor of Financial Market Regulation at the Tilburg University, Faculty of Law and the Tilburg Law and Economics Center (the Netherlands).
Time: 18:00, Tuesday, April 24
Address: 26 Shabolovka street, room 3209
Working language: English
Topic: Estimating the Financing Gap of Small-and-Medium Sized Enterprises
Abstract:
While small and medium-sized enterprises are important for economic growth and employment, we have little insight in their financing needs. Using a novel methodology, we estimate the gap between demand and supply of financing in several European countries. We find that the financing gap is three to five times larger than that of US SMEs. Initiatives under the Capital Markets Union umbrella can help to reduce this financing gap.
Link to the stream: