Capital Allocation Efficiency of SMEs: Global Evidence: Global evidence

Liang Ma; Xiaowen Zhang

doi:10.1016/j.irfa.2025.104596

Capital Allocation Efficiency of SMEs: Global Evidence: Global evidence

Liang Ma, Xiaowen Zhang

Department of Economics

University of Alberta

Research output: Contribution to journal › Article › peer-review

Abstract

Original language	English
Article number	104596
Journal	International Review of Financial Analysis
Volume	107
DOIs	https://doi.org/10.1016/j.irfa.2025.104596
Publication status	Published - Nov 2025

Keywords

Capital allocation
Financial development
Firm size
Investment

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10.1016/j.irfa.2025.104596

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title = "Capital Allocation Efficiency of SMEs: Global Evidence: Global evidence",

keywords = "Capital allocation, Financial development, Firm size, Investment",

author = "Liang Ma and Xiaowen Zhang",

note = "Publisher Copyright: {\textcopyright} 2025 Elsevier Inc.",

year = "2025",

month = nov,

doi = "10.1016/j.irfa.2025.104596",

language = "English",

volume = "107",

journal = "International Review of Financial Analysis",

issn = "1057-5219",

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TY - JOUR

T1 - Capital Allocation Efficiency of SMEs: Global Evidence

T2 - Global evidence

AU - Ma, Liang

AU - Zhang, Xiaowen

PY - 2025/11

Y1 - 2025/11

KW - Capital allocation

KW - Financial development

KW - Firm size

KW - Investment

UR - https://www.scopus.com/pages/publications/105015366061

U2 - 10.1016/j.irfa.2025.104596

DO - 10.1016/j.irfa.2025.104596

M3 - Article

AN - SCOPUS:105015366061

SN - 1057-5219

VL - 107

JO - International Review of Financial Analysis

JF - International Review of Financial Analysis

M1 - 104596

ER -

Capital Allocation Efficiency of SMEs: Global Evidence: Global evidence

Abstract

Keywords

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