capital as measured by previous business experience and formal education. In this paper, we explore whether illegal … entrepreneurship experience (IEE), an unconventional form of human capital, is related to the performance and motivation of … valuable human capital for legal enterprising. …

We investigate the manifold posed question: To what extent does investment in human and social capital, besides the …

We characterize the relation between corporate asset structure and capital structure by exploiting variation in the … buildings). Consistent with a credit supply-side view of capital structure, we find that asset redeployability is a particularly … capital structure models that are based on contract incompleteness and limited enforceability. It does so characterizing a …

capital structure choice. Flexibility is the ability to make decisions that one thinks are best even when others disagree. The … now-familiar debt tax shield, and the firm’s capital structure is the consequence of a sequence of past security …-issuance choices. The strongest implication of this theory of capital structure evolution is that optimal capital structure is …

managerial experience, new venture start-up capital requirements and risk promote the takeover mode. Entrepreneurs whose parents …