Showing 1 - 10 of 10
The nature and role of early stage equity financing in the development of emerging entrepreneurial ventures in the …
Persistent link: https://www.econbiz.de/10011310376
This paper attempts to extend the Certification Paradigm--mainly used in the literature as an explanation for IPO underpricings--to provide guidelines to entrepreneurs in their efforts to secure funding for new ventures. After extending the model to cases of pre-venture-capital start-up firms,...
Persistent link: https://www.econbiz.de/10011310380
Trade credit is a major source of financing for small firms. This article examines the extent to which small firms use …
Persistent link: https://www.econbiz.de/10010790622
This paper examines the characteristics of UK small firm bank finance and the causes of the frequently strained relationship between small firms and banks in the UK. Debt, credit rationing, and call option problems under the UK system are examined. The bank’s solutions including the...
Persistent link: https://www.econbiz.de/10010790639
The nature and role of early stage equity financing in the development of emerging entrepreneurial ventures in the …
Persistent link: https://www.econbiz.de/10010790681
small and medium-sized enterprises have become a major driving force making China's economic miracle. Financing is critical … to small business; however, there are limited studies on financing sources for Chinese small business and how different … financing sources affect the performance of small business. This paper investigates the influence of different financing …
Persistent link: https://www.econbiz.de/10010790714
This paper attempts to extend the Certification Paradigm--mainly used in the literature as an explanation for IPO underpricings--to provide guidelines to entrepreneurs in their efforts to secure funding for new ventures. After extending the model to cases of pre-venture-capital start-up firms,...
Persistent link: https://www.econbiz.de/10010790715
While academic research concerning capital structure of large corporations has been abundant in the finance literature, studies of small firms have been somewhat less common, and investigation of capital structure at origin (start-up) has been virtually nil. In this paper we present empirical...
Persistent link: https://www.econbiz.de/10010790726
information on activities in specific financing markets for small firms. Comments are provided on the strengths and weakness of …
Persistent link: https://www.econbiz.de/10010765284
are unable to tap into this market. Instead, they depend on owner equity, other private equity, and debt financing. Survey … data from the Federal Reserve Board allow an in depth look at the patterns of small business financing in the late nineties …. Evidence suggests that debt financing for small businesses was extremely important, especially for young firms. …
Persistent link: https://www.econbiz.de/10010765314