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.
Relational capital, profitability and access to credit: evidence from a sample of Italian small firms
MIGHELI, MATTEO
2013-01-01
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.File in questo prodotto:
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