Open AccessSME Development Banks: Conceptual Framework and Empirical Analysis
Author(s) -
Alberto Casagrande,
Marco Spallone,
Fabiomassimo Mango,
Pina Murè
Publication year - 2018
Publication title -
international journal of financial research
Language(s) - English
Resource type - Journals
eISSN - 1923-4031
pISSN - 1923-4023
DOI - 10.5430/ijfr.v9n2p112
Subject(s) - sample (material) , conceptual framework , set (abstract data type) , business , conceptual model , the conceptual framework , empirical research , computer science , sociology , statistics , mathematics , art , social science , chemistry , chromatography , database , performance art , art history , programming language
In this paper we develop a conceptual framework to define small and medium-sized enterprise development banks (SMEDB). This conceptual effort is motivated by the lack of a clear definition of SMEDB. Once a consistent definition of SMEDB is provided, we compare a sample of banks that are SMEDB according to such definition with a sample of commercial banks. We conclude that it is possible to separate SMEDB from commercial banks in a statistically significant manner by taking into consideration a set of relevant financial indicators and we confirm the widespread idea that SMEDB play a crucial public/social role.