Type

Database

Creator

Date

Thumbnail

Search results

7 records were found.

In this paper, we examine the nature of the shocks that hit the small- and medium-sized enterprises (SMEs) in Japan during the global financial crisis that occurred in the wake of the massive number of non-performing subprime loans in the U.S. We examine how the SMEs responded to the shocks, using the unique surveys that were conducted by the Research Institute of Economy, Trade and Industry (RIETI) in 2008 and 2009. The shocks were identified as demand, supply and financial shocks. The demand shock was the most prevalent, while the financial shock was the least frequent. The SMEs took a spectrum of measures against the demand shock by seeking help from suppliers and financial institutions. We find that the measures taken by the SMEs crucially depended on the bank-firm relationship, but not on the customer-supplier relationship. The ba...
Want to know more?If you want to know more about this cutting edge product, or schedule a demonstration on your own organisation, please feel free to contact us or read the available documentation at http://www.keep.pt/produtos/retrievo/?lang=en