The aim of this paper is to investigate theoretical concepts and empirical evidence related to the effects of public subsidies on enterprises. Our findings on the performance of firms receiving public aids have been provided by means of a comparative analysis of the financial and economic situation of the selected firms considering two different points in time: before and after receiving the subsidy. The effects on investments, growth, efficiency, risks and profitability variables have been investigated.
Financial and Economic Effects of subsidies to investments
AMENDOLA, Alessandra;BISOGNO, Marco;SENSINI, LUCA
2009-01-01
Abstract
The aim of this paper is to investigate theoretical concepts and empirical evidence related to the effects of public subsidies on enterprises. Our findings on the performance of firms receiving public aids have been provided by means of a comparative analysis of the financial and economic situation of the selected firms considering two different points in time: before and after receiving the subsidy. The effects on investments, growth, efficiency, risks and profitability variables have been investigated.File in questo prodotto:
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