Artikel

The Bank Financing of Small Unlisted Firms in the UK: An Analysis of Recent Conflicts

This paper examines the characteristics of UK small firm bank finance and the causes of the frequently strained relationship between small firms and banks in the UK. Debt, credit rationing, and call option problems under the UK system are examined. The bank’s solutions including the potentially harmful “secured overdraft system” are then considered. It is argued that the majority of solutions tried by the banking system led to a heightened conflict of interest between small firms and banks during the recent recession due to the banks’ loan restructuring to avoid unnecessary risk.

Sprache
Englisch

Erschienen in
Journal: Journal of Small Business Finance ; ISSN: 1057-2287 ; Volume: 4 ; Year: 1995 ; Issue: 2/3 ; Pages: 143-163 ; Greenwich, CT: JAI Press

Klassifikation
Management
Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
Firm Performance: Size, Diversification, and Scope
Thema
Financing
Bank Financing
Bank
Small Firms
Unlisted Firms

Ereignis
Geistige Schöpfung
(wer)
Keasey, Kevin
Watson, Robert
Ereignis
Veröffentlichung
(wer)
JAI Press
(wo)
Greenwich, CT
(wann)
1995

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Artikel

Beteiligte

  • Keasey, Kevin
  • Watson, Robert
  • JAI Press

Entstanden

  • 1995

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