This research investigates accounting practitioners' perceptions of the feasibility implementing EU Green Taxonomy ("the Taxonomy") for Small- and Medium-Sized Enterprises (SMEs) assesses reporting challenges, supports required SME benefits from provision disclosures. We approach our study perspectives institutional theory legitimacy theory. adopt a novel methodology to explore questions using two case studies engage 192 practitioners in completing survey questionnaire. differentiate...

Employing firm-level observations from 13 countries over a seven year period, and controlling for an extensive set of characteristics, industry effects country-level institutional variables, we provide conceptual framework empirical analysis how culture influences capital structure in small medium sized enterprises (SMEs). Uncertainty avoidance individuality are negatively related with long-term debt, highlighting SME owners desire to avoid heightened business risk, reduce interference debt...

Purpose – This paper aims to empirically examine the financing of small and medium sized enterprises (SMEs) through a financial growth lifecycle model.

This article analyses data from 25 Irish craft beer entrepreneurs supplemented by associated web and press material, to explore how habitus emerges in a nascent entrepreneurial field. Welter’s frame of contexts – business, social, spatial institutional is combined with Bourdieusian theory explain the emergence habitus. Findings show that emerging enacted through hybridisation diverse global local field logics, via adoption, development extension their logics. It also path-dependent on life...

Abstract Empirical evidence suggests that cost‐based considerations, firm‐specific characteristics, and owner‐specific factors — such as desire for control managerial independence are important determinants of capital structures entrepreneurial firms.

Purpose This research investigates the feasibility, benefits and challenges of environmental sustainability reporting by Small- Medium-Sized Enterprises (SMEs). Design/methodology/approach The authors develop an abridged SME framework based on aspects Global Reporting Initiative (GRI) Standards for Sustainability Reporting. collect views 203 accounting practitioners our proposed using a survey questionnaire. Findings find that greatest perceived benefit firms adopting is it leads to...

The Autumn 2022 COP27 Conference of the Parties United Nations Framework Convention on Climate Change demonstrated that need for a clear research and policy agenda to assist financing early stage Cleantech green SMEs innovation practice adoption has never been greater.Green, cleantech innovators hold important keys unlocking vital globally game changing technologies can scale-up mitigate climate change humanity's wider environmental damage ensure planetary sustainability.The paper provides...

Together, social media and crowdsourcing can help entrepreneurs to attract external finance early-stage customers. This paper investigates the characteristics discourse of an issue-centered public on Twitter organized around hashtag #crowdfunding through lens network theory. Using a dataset 2,732,144 tweets published during calendar year, we use exploratory data analysis generate insights hypotheses who users in are, what they share, how are connected each other. In order do so, adopt range...

This study investigates resourcing of computer software companies that have adopted cloud computing for the development and delivery application software. Use this innovative technology potentially impacts firm financing because initial infrastructure investment requirement is much lower than packaged software, lead time to market shorter supports instant scalability. We test these predictions by conducting in-depth interviews with founders 18 independently owned nascent enterprises, which...

Abstract U.K. Government Venture Capital (GVC)‐backed schemes have evolved to provide more effective targeted funding for high growth potential firms, but policy designers should be cognizant of the changing external financing ecosystem when designing co‐investment schemes. We investigate effectiveness government backed venture capital (GVCs) in early stage entrepreneurial ventures. Addressing fundamental issues additionality, crowding out, economic impact, and sustainability, we discover...

This paper presents an empirical description of the capital structures a sample 299 Irish small and medium sized enterprises (SMEs hereafter). The sources finance used by respondents are delineated internal external viewed through life cycle model. Recognising financial intertwining owners their businesses, means collateral provided to secure debt financing is also pecking order theory model reviewed formulate testable hypotheses concerning use short term long debt, equity respondents....

In this article, we analyze the financing of firms in Cleantech sector that has successfully raised equity crowdfunding on platforms 16 European countries. We find with lower total assets and higher cash balances raise greater amounts crowdfunding. period precrowdfunding, illiquid less finance more debt. postcrowdfunding period, crowdfunded significantly external equity, suggesting signaling effects. Our study highlights ameliorating liquidity effects crowdfunding, which are especially...

We examine the three interlinked Irish crises: competitiveness, fiscal and banking crises, showing how all combined to lay a lethal trap for Ireland. Starting from point of economic balance, series poor government decisions led country once dubbed Celtic tiger become second eurozone state after Greece seek bailout, with EFSF/IMF intervening in late 2010.

Abstract Peer‐to‐peer lending has advantages of ease access to finance, timely and efficient delivery funding is particularly beneficial at a specific time in the lifecycle firm.

We provide new insights into the business lending decisions of institutional investors in online credit markets by benchmarking their performance against that retail investors.We find superior for loans financed investors, although large sized investor groups achieve equivalent performance. Lending are not default risk minimising, and we quantify inefficiencies. From a platform perspective, show (i) platform-administered loan allocation process is biased favour (ii) participation marketplace...

In the period following global financial crisis, as banks and private equity investors withdrew from early stage entrepreneurial finance markets in United Kingdom developed economies (Mac an Bhaird, 2014; Wilson Silver, 2013), there was a profusion supply of alternative sources (World Bank, 2013). These new financing options for firms partly alleviated adverse effects pro-cyclical provision Bhaird et al., 2019). The large increase nontraditional real economy viewed revolutionary (Harrison,...