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We show that set-up costs are a key determinant of the capital structure of young firms. Theoretically, when firms face … high set-up costs, they can only be established by leveraging up and lengthening debt maturity. Empirically, we use a large …
Persistent link: https://www.econbiz.de/10013250130
"Joblessness is the root cause of the global unrest threatening American security. Fostering entrepreneurship is the remedy. The combined weight of American diplomacy and military power cannot end unrest and extremism in the Middle East and other troubled regions of the world, Steven Koltai...
Persistent link: https://www.econbiz.de/10011453496
While there is a large literature on how conflict affects entrepreneurship and investment, little is known about how the end of a conflict affects businesses and firms’ creation. The direction of the effect is not obvious as conflicts bequest poverty and inequality --reducingthe returns of...
Persistent link: https://www.econbiz.de/10013291697
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Persistent link: https://www.econbiz.de/10014437217
While there is a large literature on how conflict affects entrepreneurship and investment, little is known about how the end of a conflict affects businesses and firms’ creation. The direction of the effect is not obvious as conflicts bequest poverty and inequality –reducing the returns of...
Persistent link: https://www.econbiz.de/10014085749
Joblessness is the root cause of the global unrest threatening American security. Fostering entrepreneurship is the remedy. The combined weight of American diplomacy and military power cannot end unrest and extremism in the Middle East and other troubled regions of the world, Steven Koltai...
Persistent link: https://www.econbiz.de/10012682374
Persistent link: https://www.econbiz.de/10011472761
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