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Small and medium enterprises (SMEs) represent a large percentage of the corporate tissue of developed countries, but they do not have adequate attention. In fact, various researchers have focused their studies on larger and well-known companies. This paper aims to investigate the impact of...
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provided yet. We use a comprehensive data set of Italian manufacturing firms to investigate this issue. We analyse the role of … a wide number of financial variables in driving the rate of self-financing of firms, in both traditional and R … absence of public subsidies, no internal or external market variable is able to explain the firms' financing decisions …
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firms. Our objective is to test empirically the relevance of trade-off theory regards the debt funding behavior of business …
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corporate financial policy. Sample size consists of 7623 non-financial sector firms from 13 Asian economies and fixed … information asymmetric in their financing decision. In contrast, corporate firms from high masculine, high uncertainty avoidance …
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