Small firms and the COVID-19 insolvency gap

COVID-19 placed a special role on fiscal policy in rescuing companies short of liquidity from insolvency. In the first months of the crisis, SMEs as the backbone of Germany's economy benefited from large and mainly indiscriminate aid measures. Avoiding business failures in a whatever-it-takes f...

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Veröffentlicht in:	Small business economics 2022-02, Vol.58 (2), p.887-917
Hauptverfasser:	Dörr, Julian Oliver, Licht, Georg, Murmann, Simona
Format:	Artikel
Sprache:	eng
Schlagworte:	Backlog Bankruptcy Business and Management Capital Cleansing effect Companies Coronaviruses Corporate insolvency COVID-19 Crises Economic recovery Entrepreneurs Entrepreneurship Fiscal policy Industrial Organization Insolvency Insolvency law Liquidity Liquidity support Management Microeconomics Pandemics Policy making Psychological distress Small & medium sized enterprises-SME Small business SMEs Subsidies Suspension
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