Quotation Paulesich, Reinhard. Forthcoming. Some aspects of sustainability and regional development (regional profiling). Athens University of Economics. Department of Statistics, Athen, Griechenland, 19.05.-20.05.. Invited Talk


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Abstract

Based on the Directive 2006/49/EG of the European Parliament and the European Council, banks are required to provide a decent assessment of their clients risks when granting a loan to a company. For small and medium-sized enterprises (SMEs) especially, this detailed information requirement could mean an additional burden which they might not be able to stand up to without help from outside. This is the starting situation for the EOR service. The EOR service offers a tool for a self-evaluation for SMEs and for the research about SMEs and their regional surroundings and therefore offers opportunities for a European integration in respect of an ecological evaluation of a company. The directive asks banks for a decent assessment of their clients risks when granting a loan to a company. Due to the shortage of manpower and knowledge, small and medium-sized enterprises (SMEs) in particular do not have the possibility to fulfil this additional (information) demand that is now arising from banks. Without support, it is expected that either the loans will get more expensive for SMEs or that bank lending will be denied to them.

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Publication's profile

Affiliation WU
Type of publication Paper presented at an academic conference or symposium
Language English
Title Some aspects of sustainability and regional development (regional profiling)
Event Athens University of Economics. Department of Statistics
Year 2011
Date 19.05.-20.05.
Country Greece
Location Athen
URL http://www.aueb.gr/pages-en
Invited Talk Y

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People
Paulesich, Reinhard (Details)
Organization
Institute for Multi-Level Governance and Development IN (Details)
Research areas (Ă–STAT Classification 'Statistik Austria')
2959 Sustainable development, sustainable economics (Details)
5300 Economics (Details)
5307 Business and management economics (Details)
5353 Environmental economics (Details)
5368 Sustainable development, sustainable economics (Details)
5369 Environmental management (Details)
5407 Ethics and social sciences (Details)
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