Sustainable finance and small and medium enterprises

Saved in:

Published in:

Authors and Corporations:

Greitens, Jan (Author)

Type of Resource:

E-Book Component Part

Language:

English

published:

2023

Series:

Subjects:

KMU

Unternehmensfinanzierung

Nachhaltigkeit

Aufsatz in Zeitschrift

Source:

Verbunddaten SWB
Lizenzfreie Online-Ressourcen

ISSN:

1613-964X

License:

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