Effects of the New Capital Requirements of Basel III on the Financing of Small and Medium-sized Enterprises in Austria
Franz Hahn () and
Werner Hölzl ()
Austrian Economic Quarterly, 2012, vol. 17, issue 3, 168-186
Due to their very limited access to the capital market bank financing is of outstanding importance for small and medium-sized companies. Often, however, the latter can only barely provide the collateral corresponding to the enhanced capital requirements for financial institutions (Basel III). As a rule their capital base is significantly weaker than that of larger companies. Therefore, small companies are likely to be particularly affected by the anticipated tightening of credit owing to Basel III.
Keywords: Basel III; Small and medium-sized enterprises; Austria; Capital requirements (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
https://www.wifo.ac.at/wwa/pubid/45100 Abstract (text/html)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:wfo:wquart:y:2012:i:3:p:168-186
Access Statistics for this article
More articles in Austrian Economic Quarterly from WIFO Contact information at EDIRC.
Bibliographic data for series maintained by Ilse Schulz ().