Cardoso, Diogo Pessoa2023-09-062023-09-062022-02-231556-5068http://hdl.handle.net/10400.14/42172In this article we have analyzed the very recent Portuguese framework about participative loans, introduced by the Decree-Law n. 11/2022, of 12th of January, trying to identify its core problems and shortcomings.engEquityNet assetsShare capitalLiabilityParticipative loansThe new Portuguese framework of participative loans – some questions and perplexitiesworking paper10.2139/ssrn.4042047