Auswirkungen des Basel II Akkords auf österreichisches KMU

Thomas Heimer and Thomas Köhler

No 58, Frankfurt School - Working Paper Series from Frankfurt School of Finance and Management

Abstract: The paper discusses the impact of the Basel II Accord on the financing of small and medium size enterprises (SME) in Austria. Although the Basel II Accord has not been established yet, the study tries to evaluate the expected impact of the Basel II Accord on SMEs, on the bases of the current financial data of SMEs. The empirical work used the NACE datapool for Austrian SME provided by KMU Forschung Austria. In the datapool, SMEs are defined as companies with a turnover of up to € 100 Mio. In addition to the statistical analysis an empirical data survey has been conducted by Triconsult. The survey focused on the expected impact of the Basel II Accord on SMEs by intermediaries (f.i. consultancies and technology transfer agencies). The results of the study show that most SME and intermediaries are not prepared for the new regulations initiated by Basel II. Accordingly three measures should be taken by policy makers to enhance SMEs capability to adjust to the new requests established by the Basel II Accord: 1. Extension of the information for SMEs on the impact of the Basel II Accord. 2. Companies should be motivated to enlarge indicators that give banks information about their financial development. 3. Measures are required to improve the financial structure of SMEs in Austria.

Keywords: Basel II Accord; Innovation; Finance of Innovation (search for similar items in EconPapers)
JEL-codes: G10 G32 G38 (search for similar items in EconPapers)
Date: 2004
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.econstor.eu/bitstream/10419/27819/1/470894016.PDF (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:zbw:fsfmwp:58

Access Statistics for this paper

More papers in Frankfurt School - Working Paper Series from Frankfurt School of Finance and Management Contact information at EDIRC.
Bibliographic data for series maintained by ZBW - Leibniz Information Centre for Economics ().