Showing 1 - 10 of 4,769
Persistent link: https://www.econbiz.de/10009633854
The optimal capital structure is a key precondition for business, even though defining the optimal capital structure is difficult. The available studies present many different and mutually contradictory factors that need to be taken into account in the strategic financial decisions of managers....
Persistent link: https://www.econbiz.de/10012174898
There is tremendous interest, in the economic literature, for the determinants of firms’ capital structure decisions. A rich body of empirical works now exists that purports to identify firm- and country-level factors affecting firms’ financing patterns. In addition, more recently, a new...
Persistent link: https://www.econbiz.de/10011964118
-um sized enterprises (SMEs). In addition, the role of trust in accessing finance for such enterprises is under …-investigated. This paper presents a mathematical model for optimizing the debt structure of SMEs that, since SMEs are often equity …
Persistent link: https://www.econbiz.de/10010345097
This paper contributes to the academic debate on the pecking order theory and SMEs equity financing, in this equity … is to investigate whether the relevance of equity financing for European SMEs is driven by the country … relevance of internal funds or external equity, with respect to SMEs performance and characteristics. For that purposes the SAFE …
Persistent link: https://www.econbiz.de/10012505322
Persistent link: https://www.econbiz.de/10011635065
-um sized enterprises (SMEs). In addition, the role of trust in accessing finance for such enterprises is under …-investigated. This paper presents a mathematical model for optimizing the debt structure of SMEs that, since SMEs are often equity …
Persistent link: https://www.econbiz.de/10010762505
Dutch small and medium-sized enterprises (SMEs) from 2003 to 2005. We find that the capital structure decision of Dutch SMEs … is consistent with the pecking order theory: SMEs use profits to reduce their debt level, and growing firms increase …
Persistent link: https://www.econbiz.de/10011090758
There is tremendous interest, in the economic literature, for the determinants of firms' capital structure decisions. A rich body of empirical works now exists that purports to identify firm- and country-level factors affecting firms' financing patterns. In addition, more recently, a new stream...
Persistent link: https://www.econbiz.de/10011996160
Using a longitudinal dataset comprising of detailed financial and exporting data from Belgian small and medium-sized enterprises (SME) between 1998 and 2013, this article examines the manner in which firms manage to finance their export activities and the resulting impact on corporate capital...
Persistent link: https://www.econbiz.de/10011786066