Relational capital, profitability and access to credit: Evidence from a sample of Italian small firms

被引:0
|
作者
Migheli M. [1 ]
机构
[1] Department of Economics and Statistics Cognetti de Martiis, University of Torino, 10153 Turin, TO, Lungodora Siena
关键词
Access to credit; Italy; Relational capital; Small firms;
D O I
10.1007/s12232-013-0180-6
中图分类号
学科分类号
摘要
This paper investigates the relationship between relational capital and profitability and accessibility to credit of a small firm. The extant literature shows a positive link between relational capital and other variables relevant to a firm's development but does not cover access to credit. Here, a sample of 136 small firms from Piemonte (north-western Italy) is used. The results show that relational capital eases the access to credit and, in some cases, increases the probability of running positive profits. © 2013 Springer-Verlag Berlin Heidelberg.
引用
收藏
页码:221 / 233
页数:12
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