For young and innovative firms, which have very limited earnings and low credibility, equity may be essential for improving financial soundness and company's development. Initial public offering builds the possibility to access the equity and moreover may has positive promotion effects. The aim...

This study examines the impact of capital structure, working capital, and governance quality on the financial performance of small- and medium-sized enterprises in Taiwan using a sample of more than 2000 firms from the Taiwan Economic Journal (TEJ) during the 24-year period of 1995-2018. Panel...

Listed and non-listed institutions are always in need of finances geared towards enhancing their firm performance which has a pivotal role in the relationship they will enjoy internally and externally. The ability of an organization to invest borrowed capital on projects with a higher return on...