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Short-term borrowing for long-term projects : are family businesses more susceptible to “irrational” financing choices?

Peters, Bettina; Westerheide, Peter - 2011

There are noticeable differences between the roles that various forms of credit financing play in family businesses and in other businesses. Family businesses take out more often bank loans specifically to finance investments and innovations, and they particularly often resort to the short-term...

Persistent link: https://www.econbiz.de/10008901888

Finanzierungsrestriktionen bei Unternehmen : Ursachen und Auswirkungen in Deutschland

Plötscher, Claudia - 2001 - 1. Aufl.

Persistent link: https://www.econbiz.de/10001621044

Innovationen und ihre Finanzierung bei kleinen Unternehmen : eine empirische und theoretische Analyse

Römer, Andreas - 1999

Persistent link: https://www.econbiz.de/10001461953

The forward premium puzzle and latent factors day by day

Bernoth, Kerstin; Hagen, Jürgen von; Vries, Casper G. de - 2010

Persistent link: https://www.econbiz.de/10003969493

The forward premium puzzle and latent factors day by day

Bernoth, Kerstin; Hagen, Jürgen von; Vries, Casper G. de - 2010

We use futures instead of forward rates to study the complete maturity spectrum of the forward premium puzzle from two … days to six months. At short maturities the slope coefficient is positive, but these turn negative as the maturity … decomposed into a contract-specific and a time- to-maturity effect. Once we do this, we find that the coefficients on the forward …