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This paper researches the determinants of incremental financing decisions made by high growth companies. For this … purpose, we use a longitudinal dataset, free of survivorship bias, covering the financing events of high growth companies for … failure and significant investments in intangible assets. As a result, findings suggest that high growth companies do not …
Persistent link: https://www.econbiz.de/10005243381
Since 1992 Ethiopia has been engaged in liberalizing its financial sector. The hallmark of the strategy is gradualism. The approach is not without problems especially from Bretton Woods Institutions that saw the reform as a sluggish process. This study examines this liberalization program by...
Persistent link: https://www.econbiz.de/10010333062
This paper proposes a growth-oriented dual-income tax by combining an allowance for corporate equity with a broadly … calibrated growth model for Switzerland indicate that the reform could add between 2 to 3 percent of GDP in the long run …
Persistent link: https://www.econbiz.de/10010271071
enterprises) are typically not high-growth firms. They seem to prefer stability over swift growth. …
Persistent link: https://www.econbiz.de/10010273017
importantly, we show that nongrowth firm values are comparable to growth firm values unless we assume a rise in growth consistent … with projections under TCJA where tax rates are lower. We demonstrate this projected growth increase is the key to make …
Persistent link: https://www.econbiz.de/10013200293
but also for every single year analyzed. Moreover, large family enterprises in Germany had a higher employment growth rate …
Persistent link: https://www.econbiz.de/10010484646
investment and firm's growth. Moreover, the leverage multiplier effect is the highest for firms relying on short-term credits and …
Persistent link: https://www.econbiz.de/10010494347
The recent financial crisis has reopened the debate on the impact of informal and formal finance on firm growth in … developing countries. Using unique survey data, we find that in-formal finance is associated with higher sales growth for small … firms and lower sales growth for large firms. We identify a complementary effect between informal and formal finance for the …
Persistent link: https://www.econbiz.de/10012148700
but also for every single year analyzed. Moreover, large family enterprises in Germany had a higher employment growth rate …
Persistent link: https://www.econbiz.de/10010482296
productive and active VC industry boosts innovation driven growth. …
Persistent link: https://www.econbiz.de/10011409024