Sustainable finance and small and medium enterprises

Saved in:

Bibliographic Details
Published in:	Intereconomics year:2023; pages:222-226; volume:58; month:08; number:4; 58(2023), 4 vom: Aug., Seite 222-226
Authors and Corporations:	Greitens, Jan (Author)
Type of Resource:	E-Book Component Part
Language:	English
published:	2023
Series:	Intereconomics, 58(2023), 4 vom: Aug., Seite 222-226
Subjects:	KMU Unternehmensfinanzierung Nachhaltigkeit Aufsatz in Zeitschrift
Source:	Verbunddaten SWB Lizenzfreie Online-Ressourcen
ISSN:	1613-964X
License:	Namensnennung 4.0 International (CC BY 4.0)

Description
Summary:	To boost investments into sustainability, small and medium enterprises (SMEs) - a crucial part of the economy - must play a role. The current sustainable finance framework focuses on capital markets. But SMEs normally get external finance from banks, and bank-based financial systems work differently than market-based financial systems. Therefore, the regulation needs to take the characteristics and advantages of bank-financed SMEs into account. Decentralised und individual financing of credible transition plans, rather than extensive disclosure of data, could lead to the necessary rise of investments.
ISSN:	1613-964X
DOI:	10.2478/ie-2023-0045
Access:	Open Access