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Financial And Legal Obstacles And Small And Medium Firm Performance: Evidence from Middle Income East Asian

Author

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  • Bui, Anh Tuan
  • Pham, Linh Chi
  • Ta, Thi Khanh Van

Abstract

This paper explores the impact of financial and legal obstacles that affect small and medium enterprises (SMEs) in middle-income East Asian countries by utilizing the most recent and unique dataset from the World Bank Enterprise Surveys. We particularly assess whether and at what level the effects on SMEs differ from those on large firms; We also examine how financial and institutional development levels contribute to firm performance. Our findings provide important guidance for regulators, including the authorities of middle-income nations, who seek to facilitate SMEs' development.

Suggested Citation

  • Bui, Anh Tuan & Pham, Linh Chi & Ta, Thi Khanh Van, 2021. "Financial And Legal Obstacles And Small And Medium Firm Performance: Evidence from Middle Income East Asian," GLO Discussion Paper Series 990, Global Labor Organization (GLO).
    • Handle: RePEc:zbw:glodps:990
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    References listed on IDEAS

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    More about this item

    Keywords

    Sales Growth; Employment Growth; Financial Obstacles; Legal Obstacles;
    All these keywords.

    JEL classification:

    • G38 - Financial Economics - - Corporate Finance and Governance - - - Government Policy and Regulation
    • G01 - Financial Economics - - General - - - Financial Crises
    • G00 - Financial Economics - - General - - - General

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