There is growing evidence that capital structure and firm strategy are linked but most studies to date have focused on large, publicly quoted firms, with little attention given to small and medium-sized enterprises (SMEs). A major proposition of the study is that both strategic and financial...

Traditional cost-benefit analysis as an aid to public decision making on environmental questions is subject to some serious conceptual and empirical problems. This paper discusses an alternative approach which utilises the Delphi technique of information appraisal. This approach is found to...

Timing of entry and the decision to be a leader or follower in products or markets is a complex decision and empirical evidence suggests that first movers do not always 'capture' all the potential benefits from being first. Small firms in particular are faced with problems when deciding on...