Purpose – The purpose of this paper is to test the fundamental purpose of the 1992 Small Business Incentive Act (SBIA) to reduce the regulatory burden for small firms to raise public equity capital. Design/methodology/approach – Our research compares initial public offerings (IPOs) that...

Purpose – The purpose of this paper is to identify which small businesses are most “debt sensitive”, or most likely to be affected by banking market conditions. Design/methodology/approach – For the primary debt sensitivity categories, the paper hypothesizes that bank conditions are most...

Purpose – The purpose of this paper is to identify which small businesses are most “debt sensitive”, or most likely to be affected by banking market conditions. Design/methodology/approach – For the primary debt sensitivity categories, the paper hypothesizes that bank conditions are most...

Purpose – The purpose of this paper is to test the fundamental purpose of the 1992 Small Business Incentive Act (SBIA) to reduce the regulatory burden for small firms to raise public equity capital. Design/methodology/approach – Our research compares initial public offerings (IPOs) that...