MARC Record from Library of Congress

LEADER: 02427cam a22003137a 4500
001 2005705573
003 DLC
005 20051215121126.0
007 cr |||||||||||
008 051215s2005 dcu sb i000 0 eng
010 $a 2005705573
040 $aDLC$cDLC
050 00 $aHG3881.5.W57
100 1 $aBerger, Allen N.
245 12 $aA more complete conceptual framework for financing of small and medium enterprises$h[electronic resource] /$cAllen N. Berger, Gregory F. Udell.
260 $a[Washington, D.C. :$bWorld Bank,$c2005]
490 1 $aPolicy research working paper ;$v3795
538 $aSystem requirements: Adobe Acrobat Reader.
538 $aMode of access: World Wide Web.
500 $aTitle from PDF file as viewed on 12/15/2005.
530 $aAlso available in print.
504 $aIncludes bibliographical references.
520 3 $a"The authors propose a more complete conceptual framework for analysis of credit availability for small and medium enterprises (SMEs). In this framework, lending technologies are the key conduit through which government policies and national financial structures affect credit availability. They emphasize a causal chain from policy to financial structures which affect the feasibility and profitability of different lending technologies. These technologies, in turn, have important effects on SME credit availability. Financial structures include the presence of different financial institution types and the conditions under which they operate. Lending technologies include several transactions technologies, plus relationship lending. The authors argue that the framework implicit in most of the literature is oversimplified, neglects key elements of the chain, and often yields misleading conclusions. A common oversimplification is the treatment of transactions technologies as a homogeneous group, unsuitable for serving informationally opaque SMEs, and a frequent misleading conclusion is that large institutions are disadvantaged in lending to opaque SMEs. "--World Bank web site.
650 0 $aSmall business$xFinance.
650 0 $aCommercial credit$xGovernment policy.
700 1 $aUdell, Gregory F.,$d1946-
710 2 $aWorld Bank.
830 0 $aPolicy research working papers (Online) ;$v3795.
856 40 $uhttp://econ.worldbank.org/external/default/main?pagePK=64165259&piPK=64165421&theSitePK=469372&menuPK=64166093&entityID=000016406_20051213170213