are very similar to those of private financing. The program rests on strong governance, clear rules and stakeholder …

consuming and costly to get outside equity. We propose the first analysis of these indirect costs of financing. These costs are … elements that generate indirect costs of financing and estimate the costs and time frames associated with 18 financing rounds … substantial and heavily penalize small companies, especially during the initial financing round and prior to the commercialization …

Most countries have set up structures and programs for new business creation and financing. We analyze strategies … implemented in France, Germany and United Kingdom, where the proportion of government funds in venture capital financing is … evaluate governmental programs, define priorities and avoid financing non-crucial industries. Often of limited duration …

broad outlines and the challenges of this liberalization. Non-conventional financing, such as accessing the stock market via … non-exempted issues. This trend in business financing, together with the growing liberalization, is taking shape in a …

This study deals with the evolution of the financing of large Canadian companies from 1960 to 1994. Part I shows that … between financing choices on the one hand and economic and market conditions on the other. Financing choices are measured by … the proportion of total cash requirements (including depreciation and dividends) covered by each source on financing. Over …

funds, money for financing start-ups and major new investments remains elusive. Why and how should this situation be …