The case for state-owned pseudo-equity: saving S’pore SMEs

Practice Prof Joseph Cherian from NUS Business School and Prof Marti Subrahmanyam from Stern School of Business at NYU opined that if the Singapore government takes on a pseudo-equity role in the resuscitation of formerly profitable local SMEs, which are now struggling to survive due to Covid-19, the additional funds could convince SMEs to upgrade their capabilities and even internationalise their operations.

• The Business Times, 14 April 2020, p24