Debt & Equity Costs Determinants in Small Enterprise: JEREMIE Fund Influence on Financial Situation of Small and Middle Enterprises
Proceedings of 4. Mezinárodní Konference Rízení a Modelování Financních Rizik, Ostrava 2008
10 Pages Posted: 10 Feb 2009
Date Written: October 9, 2008
Abstract
From financial perspective, the JEREMIE fund initiative is profitable and enhances the functioning of micro and small enterprises. Particularly profitable are aspects connected with providing these enterprises with equity capital (i.e. Business Angels, Venture Capital) as well as with the theoretical possibilities connected with reducing the financial risk by over regional institution guarantees (less vulnerable to potential risks occurring in the native region of the micro enterprises engaged in JEREMIE).
Keywords: capital cost, target capital structure, micro and small enterprises
JEL Classification: E22
Suggested Citation: Suggested Citation
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