VanAuken, Howard E.; Kaufmann, Jeffrey; Herrmann, Pol - In: Journal of small business management : JSBM ; a joint … 47 (2009) 1, pp. 23-37
Ineffective capital acquisition decisions at start-up may lead to business failure and bankruptcy: a result which is both costly and disruptive to the owners and other stakeholders of the firm. To cope with the risk of failure, owners embark on a variety of risk-reducing activities whereas the...