Capital structure choices and preferences in small, rapidly growing corporations are examined. As much of capital …, information asymmetries) a survey was designed in an attempt to gauge the relevance of several theories of capital structure. The …. Analysis of the responses indicates that tax factors and management preferences have major impacts on capital structure …

. This explains the predominance of debt in the capital structures of small firms. …A simple single-period model of entrepreneurial capital structure choice under conditions of informational asymmetry is … to reduce the amount of effort he exerts. However, by astute choice of capital structure, the entrepreneur can mitigate …

The stock market return and the risk of 33 quoted European venture capital companies during the period 1977-1991 are … significantly lower than zero. When interpreting these results, one has to take into account that most shares of venture capital … can expect in the future, may be higher than in the past. Venture capital companies that are specialized in a specific …

option intensive private firms with acute capital requirements to interact, the gains each group achieves through this … association, the types of private firms successfully attracting venture capital, and mechanisms used in this funding process …. Results show that venture capital backed firms achieve growth rates (1) greater than expected, and (2) greater than a matched …

capital structure choice and find that VC backing does not systematically alter the use of debt by firms. These results …Much of the current research regarding the venture capitalist examines samples of venture capital (VC) backed firms … conclusions. Controlling for the determinants of capital structure, we examine the persistence of previously noted differences in …

software industry is examined. To provide an understanding of the relationship between the suppliers of capital and the … that there are differences in the informal venture capital market among broadly defined sectors in terms of the sectors …' technology and competitive conditions and their impact on: first, the need for, and timing of, external equity capital; and …

to cases of pre-venture-capital start-up firms, along with the practical implications that would follow, efforts are made …

identified - the power of capital over labour, the rise of 'oligarchs capitalism', the individualisation of economic conditions …