Capital Markets for SMEs -- Evolution, Lessons Learned, and Implication
11 Pages Posted: 22 Oct 2012
Date Written: September 22, 2010
Capital Markets for Small and Medium Enterprise (SMEs), also called alternative capital markets (ACM), alternative new markets, secondary board, have become increasingly important topic in the financial sector. The paper looks into the evolution of ACM and then draws lessons and policy implication.
Keywords: SME Finance, Capital Market Development, Alternative Markets, Second Board
JEL Classification: O16, O52,O53, G00, G1, G15, G18
Suggested Citation: Suggested Citation