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

This object is provided by:
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

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