Since 2014
Intangible Assets and the Determinants of a Single Bank Relation of German SMEs
European Journal of Business Science and Technology
View Archive Info| Field | Value | |
| Title |
Intangible Assets and the Determinants of a Single Bank Relation of German SMEs
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| Creator |
Firdmuc, Jarko
Schreiber, Philipp Siddiqui, Martin |
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| Description |
We focus on the determinants and potential benefits of relationship banking. Based on the existing literature and the unique role intangible assets play regarding firms'capital structure, we test two hypotheses using rich data on firm-bank relationships in Germany. We show that firstly, a high share of intangible assets does not worsen the access of firms to debt financing compared to matched firms with a low share of intangible assets. And secondly, firms' share of intangible assets statistically signicantly determines firms' choice of an exclusive and persistent bank relation.
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| Publisher |
Mendel University in Brno
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| Date |
2018-07-31
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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| Format |
application/pdf
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| Identifier |
https://journal.ejobsat.cz/index.php/ejobsat/article/view/130
10.11118/ejobsat.v4i1.130 |
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| Source |
European Journal of Business Science and Technology; Vol 4 No 1 (2018); pp. 5–30
2694-7161 2336-6494 |
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| Language |
eng
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| Relation |
https://journal.ejobsat.cz/index.php/ejobsat/article/view/130/151
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| Rights |
Copyright (c) 2018 Jarko Firdmuc, Philipp Schreiber, Martin Siddiqui
http://creativecommons.org/licenses/by-sa/4.0 |
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