Matches in SemOpenAlex for { <https://semopenalex.org/work/W3159481489> ?p ?o ?g. }
Showing items 1 to 89 of
89
with 100 items per page.
- W3159481489 abstract "Abstract This paper analyses the determinants of firm participation in the Swiss COVID-19 loan programme, which aims to bridge firms’ liquidity shortfalls that have resulted from the pandemic. State-guaranteed COVID-19 loans are widely used by Swiss firms, with 20% of all firms participating, resulting in a sizeable programme of 2.4% of GDP. We use a comprehensive dataset to study the determinants of firm participation. Our results can be summarised as follows. First, participation was largely driven by the exposure of a firm to lockdown restrictions and to the intensity of the virus in the specific region. Second, we show that firms associated with lower liquidity ratios had a significantly higher probability of participating in the programme. Third, we find no clear evidence that firm indebtedness affected participation in the programme and no evidence that pre-existing potential “zombie firms” participated more strongly in the loan programme. Fourth, we show that the programme reached younger and smaller firms, which could be financially more vulnerable as they are less likely to obtain outside finance during a crisis. Overall, we conclude that given its objective, the programme appears to be successful." @default.
- W3159481489 created "2021-05-10" @default.
- W3159481489 creator A5079627939 @default.
- W3159481489 creator A5085485429 @default.
- W3159481489 creator A5087030877 @default.
- W3159481489 date "2021-05-04" @default.
- W3159481489 modified "2023-09-27" @default.
- W3159481489 title "Firms’ participation in the Swiss COVID-19 loan programme" @default.
- W3159481489 cites W1493844475 @default.
- W3159481489 cites W1560350676 @default.
- W3159481489 cites W2036428873 @default.
- W3159481489 cites W2047582865 @default.
- W3159481489 cites W2075108458 @default.
- W3159481489 cites W2108823468 @default.
- W3159481489 cites W2128506824 @default.
- W3159481489 cites W2168967186 @default.
- W3159481489 cites W2176723585 @default.
- W3159481489 cites W3023465515 @default.
- W3159481489 cites W3111249596 @default.
- W3159481489 cites W4236584637 @default.
- W3159481489 doi "https://doi.org/10.1186/s41937-021-00070-4" @default.
- W3159481489 hasPubMedCentralId "https://www.ncbi.nlm.nih.gov/pmc/articles/8094977" @default.
- W3159481489 hasPubMedId "https://pubmed.ncbi.nlm.nih.gov/33968811" @default.
- W3159481489 hasPublicationYear "2021" @default.
- W3159481489 type Work @default.
- W3159481489 sameAs 3159481489 @default.
- W3159481489 citedByCount "1" @default.
- W3159481489 countsByYear W31594814892022 @default.
- W3159481489 crossrefType "journal-article" @default.
- W3159481489 hasAuthorship W3159481489A5079627939 @default.
- W3159481489 hasAuthorship W3159481489A5085485429 @default.
- W3159481489 hasAuthorship W3159481489A5087030877 @default.
- W3159481489 hasBestOaLocation W31594814891 @default.
- W3159481489 hasConcept C10138342 @default.
- W3159481489 hasConcept C116675565 @default.
- W3159481489 hasConcept C142724271 @default.
- W3159481489 hasConcept C144133560 @default.
- W3159481489 hasConcept C159047783 @default.
- W3159481489 hasConcept C162324750 @default.
- W3159481489 hasConcept C183582576 @default.
- W3159481489 hasConcept C2777764128 @default.
- W3159481489 hasConcept C2779134260 @default.
- W3159481489 hasConcept C3006700255 @default.
- W3159481489 hasConcept C3007834351 @default.
- W3159481489 hasConcept C3008058167 @default.
- W3159481489 hasConcept C4249254 @default.
- W3159481489 hasConcept C524204448 @default.
- W3159481489 hasConcept C556758197 @default.
- W3159481489 hasConcept C71924100 @default.
- W3159481489 hasConcept C86803240 @default.
- W3159481489 hasConceptScore W3159481489C10138342 @default.
- W3159481489 hasConceptScore W3159481489C116675565 @default.
- W3159481489 hasConceptScore W3159481489C142724271 @default.
- W3159481489 hasConceptScore W3159481489C144133560 @default.
- W3159481489 hasConceptScore W3159481489C159047783 @default.
- W3159481489 hasConceptScore W3159481489C162324750 @default.
- W3159481489 hasConceptScore W3159481489C183582576 @default.
- W3159481489 hasConceptScore W3159481489C2777764128 @default.
- W3159481489 hasConceptScore W3159481489C2779134260 @default.
- W3159481489 hasConceptScore W3159481489C3006700255 @default.
- W3159481489 hasConceptScore W3159481489C3007834351 @default.
- W3159481489 hasConceptScore W3159481489C3008058167 @default.
- W3159481489 hasConceptScore W3159481489C4249254 @default.
- W3159481489 hasConceptScore W3159481489C524204448 @default.
- W3159481489 hasConceptScore W3159481489C556758197 @default.
- W3159481489 hasConceptScore W3159481489C71924100 @default.
- W3159481489 hasConceptScore W3159481489C86803240 @default.
- W3159481489 hasIssue "1" @default.
- W3159481489 hasLocation W31594814891 @default.
- W3159481489 hasLocation W31594814892 @default.
- W3159481489 hasLocation W31594814893 @default.
- W3159481489 hasLocation W31594814894 @default.
- W3159481489 hasOpenAccess W3159481489 @default.
- W3159481489 hasPrimaryLocation W31594814891 @default.
- W3159481489 hasRelatedWork W3009669391 @default.
- W3159481489 hasRelatedWork W3036314732 @default.
- W3159481489 hasRelatedWork W3113664224 @default.
- W3159481489 hasRelatedWork W3176864053 @default.
- W3159481489 hasRelatedWork W3198183218 @default.
- W3159481489 hasRelatedWork W4200329650 @default.
- W3159481489 hasRelatedWork W4205317059 @default.
- W3159481489 hasRelatedWork W4206669628 @default.
- W3159481489 hasRelatedWork W4382894326 @default.
- W3159481489 hasRelatedWork W3127156785 @default.
- W3159481489 hasVolume "157" @default.
- W3159481489 isParatext "false" @default.
- W3159481489 isRetracted "false" @default.
- W3159481489 magId "3159481489" @default.
- W3159481489 workType "article" @default.