Hewa Wellalage, Nirosha; Locke, Stuart - In: Journal of Small Business and Enterprise Development 22 (2015) 1, pp. 127-142
Purpose – The purpose of this paper is to use a panel of New Zealand unlisted firms from 1998 to 2009 to examine the relationship between ownership structure and firm leverage ratios. Although, the choice of the debt in capital structure is important for all firms, the scale effects may...