Changes in SMEs financing: risks and opportunities for agro-food companies

Titolo Rivista Economia agro-alimentare
Autori/Curatori Giorgio Stefano Bertinetti
Anno di pubblicazione 2023 Fascicolo 2023/2
Lingua Inglese Numero pagine 16 P. 15-30 Dimensione file 0 KB
DOI 10.3280/ecag2023oa14916
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The financial and real crisis started in 2007-2008 has deeply transformed the way the Italian financial and capital market act. Italian SMEs need to be aware of the transformation not to be pushed out of the market itself and to take profit of the new relevant opportunities coming out thanks to the emerging new products and new intermediaries.The paper focuses the disappear of banks relationship lending and provides evidence about how to approach the market in the emerging “competing for capital” prevailing rule.It also stresses the relevance of ESG topics as emerging risk factor companies must look at when asking for new finance because of the Regulation (EU) 2019/2088 of the European Parliament and of the Council of 27 November 2019 on sustainability related disclosures in the financial services (SFDR).

Keywords:; Credit rationing; ESG finance; Competing for capital

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  • Financial ratios, credit risk and business strategy: Application to the PDO Parma ham sector in single production and non-single production firms Mattia Iotti, Giovanni Ferri, Federica Bonazzi, in Journal of Agriculture and Food Research 101122/2024 pp.101122
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Giorgio Stefano Bertinetti, Changes in SMEs financing: risks and opportunities for agro-food companies in "Economia agro-alimentare" 2/2023, pp 15-30, DOI: 10.3280/ecag2023oa14916