Artikel
Sustainable Finance and Small and Medium Enterprises: Germany’s Bank-Based Financial System and EU Disclosure Requirements
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.
- Language
-
Englisch
- Bibliographic citation
-
Journal: Intereconomics ; ISSN: 1613-964X ; Volume: 58 ; Year: 2023 ; Issue: 4 ; Pages: 222-226
- Classification
-
Wirtschaft
Financial Crises
Pension Funds; Non-bank Financial Institutions; Financial Instruments; Institutional Investors
Financial Institutions and Services: Government Policy and Regulation
- Event
-
Geistige Schöpfung
- (who)
-
Greitens, Jan
- Event
-
Veröffentlichung
- (who)
-
Sciendo
- (where)
-
Warsaw
- (when)
-
2023
- DOI
-
doi:10.2478/ie-2023-0045
- Handle
- Last update
-
10.03.2025, 11:44 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Greitens, Jan
- Sciendo
Time of origin
- 2023