Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/275724 
Authors: 
Year of Publication: 
2023
Citation: 
[Journal:] Intereconomics [ISSN:] 1613-964X [Volume:] 58 [Issue:] 4 [Year:] 2023 [Pages:] 222-226
Publisher: 
Sciendo, Warsaw
Abstract: 
To boost investments into sustainability, small and medium enterprises (SMEs) - a crucial part of the economy - must play a role. The current sustainable finance framework focuses on capital markets. But SMEs normally get external finance from banks, and bank-based financial systems work differently than market-based financial systems. Therefore, the regulation needs to take the characteristics and advantages of bank-financed SMEs into account. Decentralised und individual financing of credible transition plans, rather than extensive disclosure of data, could lead to the necessary rise of investments.
JEL: 
G01
G23
G28
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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