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FrancoAngeli Journals

Regular Articles

Vol. 25 No. 2 (2023): Special Issue 30th Annual Conference of the Società Italiana di Economia Agro-alimentare (SIEA – Italian Association of Agri-Food Economics), Rome (Italy), June 23-24, 2022

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

DOI
https://doi.org/10.3280/ecag2023oa14916
Submitted
novembre 11, 2022
Published
2023-09-08

Abstract

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).

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