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

See all articles by Grzegorz Michalski

Grzegorz Michalski

Uniwersytet Ekonomiczny we Wrocławiu - Faculty of Engineering and Economics

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

Michalski, Grzegorz, Debt & Equity Costs Determinants in Small Enterprise: JEREMIE Fund Influence on Financial Situation of Small and Middle Enterprises (October 9, 2008). Proceedings of 4. Mezinárodní Konference Rízení a Modelování Financních Rizik, Ostrava 2008 . Available at SSRN: https://ssrn.com/abstract=1339966 or http://dx.doi.org/10.2139/ssrn.1339966

Grzegorz Michalski (Contact Author)

Uniwersytet Ekonomiczny we Wrocławiu - Faculty of Engineering and Economics ( email )

ul. Komandorska 118-120
Wroclaw, 53-345
Poland

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