Capital structure choices and preferences in small, rapidly growing corporations are examined. As much of capital …, information asymmetries) a survey was designed in an attempt to gauge the relevance of several theories of capital structure. The …. Analysis of the responses indicates that tax factors and management preferences have major impacts on capital structure …

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 evidence concerning the start-up capital structures of small firms. We base …

to cases of pre-venture-capital start-up firms, along with the practical implications that would follow, efforts are made …

that traditional sources of capital accounted for 65% of the firms' start-up capital and 35% of the start-up capital was … compared to traditional sources of financing when bootstrap financing comprised at least 60% of the total start-up capital. No …