The impact of corporate characteristics on the financial decisions of companies: evidence on funding decisions by Italian SMEs

Journal of Innovation and Entrepreneurship

A Systems View Across Time and Space

Table 1 Companies, employment and gross value added of SMEs in the EU-27, 2012

	Micro	Small	Medium	SMEs	Large	Total
Number of enterprises
Number	18,783,480	1,349,730	222,628	20,355,839	43,454	20,399,291
%	92.1 %	6.6 %	1.1 %	99.8 %	0.2 %	100 %
Employment
Number	37,494,458	26,704,352	22,651,906	86,814,717	43,787,013	130,601,730
%	28.7 %	20.5 %	17.3 %	66.5 %	33.5 %	100 %
Value added at factor costs
Million Euros	1,242,724	1,076,388	1,076,270	3,395,383	2,495,926	5,891,309
%	21.1 %	18.3 %	18.3 %	57.6 %	42.4 %	100 %