Stefania Patrizia Sonia Rossi

About Stefania Patrizia Sonia Rossi

Stefania Patrizia Sonia Rossi is professor of economics at the Department of Economics and Business, Mathematics and Statistics of the University of Trieste (Italy).
Author Archive | Stefania Patrizia Sonia Rossi
Economics, Finance sector development, Governance and public sector management

Is corruption “sand in the wheels” for credit markets? Evidence from European MSMEs

Is corruption “sand in the wheels” for credit markets? Evidence from European MSMEs
Bank credit is a crucial financing tool for micro, small, and medium-sized enterprises (MSMEs) given their difficulty in entering equity markets. However, accessing bank credit is not as easy as one might think. Specifically, MSMEs often face difficulties when they need to provide valid collateral to loan officers (Cowan, Drexler, and Yañez, 2015).