Showing 1 - 10 of 1,417
Previous studies have identified various factors underlying firm financing structure especially in large firms. However, few have attempted to document the reasons for financing preferences among microenterprises in developing countries. Employing a managerial-based theory, this study explores...
Persistent link: https://www.econbiz.de/10012659599
Persistent link: https://www.econbiz.de/10003880912
management and investment at the household level, rather than directly through the targeted businesses. -- Microfinance …
Persistent link: https://www.econbiz.de/10003868654
Over the past thirty years, a number of social entrepreneurs have managed to create fairly large social enterprises. Properly run and scaled, they can generate sufficient cash flow to support debt financing at manageable levels of risk and, depending on their business model and legal form, also...
Persistent link: https://www.econbiz.de/10013087555
Over the past thirty years, a number of social entrepreneurs have managed to create fairly large social enterprises. Properly run and scaled, they can generate sufficient cash flow to support debt financing at manageable levels of risk and, depending on their business model and legal form, also...
Persistent link: https://www.econbiz.de/10013087558
Microcredit seeks to promote business growth and improve well-being by expanding access to credit. We use a field experiment and follow-up survey to measure impacts of a credit expansion for microentrepreneurs in Manila. The effects are diffuse, heterogeneous, and surprising. Although there is...
Persistent link: https://www.econbiz.de/10014205645
Persistent link: https://www.econbiz.de/10012821807
Using a unique firm-provincial level panel dataset from 2005 to 2011, this study for the first time investigates the role played by corruption and provincial institutions in determining a company’s capital structure in Vietnam’s legal environment. Contrasting to the majority of previous...
Persistent link: https://www.econbiz.de/10012195021
The paper presents evidence of actual and target capital structures of firms in five EU accession countries of Central and Eastern Europe and the former Soviet Union (Bulgaria, the Czech Republic, Poland, Romania and Estonia). We consider the financial constraints of private companies and...
Persistent link: https://www.econbiz.de/10014224122