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Relational capital, profitability and access to credit: evidence from a sample of Italian small firms

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  • Matteo Migheli

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Abstract

This paper investigates the relationship between relational capital and profitability and accessibility to credit of a small firm. The extant literature shows a positive link between relational capital and other variables relevant to a firm’s development but does not cover access to credit. Here, a sample of 136 small firms from Piemonte (north-western Italy) is used. The results show that relational capital eases the access to credit and, in some cases, increases the probability of running positive profits. Copyright Springer-Verlag Berlin Heidelberg 2013

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File URL: http://hdl.handle.net/10.1007/s12232-013-0180-6
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Bibliographic Info

Article provided by Springer in its journal International Review of Economics.

Volume (Year): 60 (2013)
Issue (Month): 2 (June)
Pages: 221-233

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Handle: RePEc:spr:inrvec:v:60:y:2013:i:2:p:221-233

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Web page: http://www.springer.com/economics/journal/12232

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Related research

Keywords: Relational capital; Small firms; Access to credit; Italy; D22; M21; Z13;

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References

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