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This paper draws the attention of the new researchers to what has been going on in the Behavioral Finance front and how we can draw from and expand upon such works. By doing so, we hope to find more convincing answers to the key questions that continue to define our fascinating academic niche.
Persistent link: https://www.econbiz.de/10010790616
There has developed within the past decade an increased interest among academicians and policy makers in the small companies and entrepreneurs of the world. Domestically, small business is viewed by the “true believers” as the engine that drives the machinery, citing innovation and job...
Persistent link: https://www.econbiz.de/10010790646
Two main approaches have been utilized to explain the relationship between entrepreneurs and their investors. The first is based on the separation of ownership and management i.e. the so-called principal-agent approach. The second emphasizes trust and cooperation in the relationship. This...
Persistent link: https://www.econbiz.de/10010790712
This study examines the extent to which individual demographic characteristics of owners influence capital structure desisions. Using the Federal Reserve's 2003 Survey of Small Business Finances, we estimate the joint effects of traditional capital structure determinants and manager age, gender,...
Persistent link: https://www.econbiz.de/10010765345
The present article has the goal to reveal the (eventually) differences between entrepreneurial motivations between men and women, in the case of EU and Romania. In the first part, we make a brief research into the literature related to this subject, and in the second part we shall reveal the...
Persistent link: https://www.econbiz.de/10008787409
The present article has the goal to reveal the (eventually) differences between entrepreneurial motivations between men and women, in the case of EU and Romania. In the first part, we make a brief research into the literature related to this subject, and in the second part we shall reveal the...
Persistent link: https://www.econbiz.de/10008829734
In this study, we analyze eBusiness entrepreneurs nominated by the Ernst & Young Entrepreneur of the Year Award program to ascertain whether qualitative factors are correlated with success. We find qualitative factors are incrementally informative above and beyond the information provided by...
Persistent link: https://www.econbiz.de/10010762490
Central questions in entrepreneurship and entrepreneurial finance are briefly discussed and case is made for the need …
Persistent link: https://www.econbiz.de/10010762493
Do entrepreneurs consider the risk of their business equity when making investment portfolio allocations? Many people compartmentalize different risks and consider them separately, called mental accounting. Alternatively, the risk substitution hypothesis suggests that entrepreneurs would offset...
Persistent link: https://www.econbiz.de/10010762495
In this study we examine every Small Corporate Offering Registration available from the United States. Using 339 micro-IPOs from 33 states, we find support for the relevance of (1)offering marketing mechanisms and expenses; (2)geographic characteristics; (3)offering characteristics; (4)ownership...
Persistent link: https://www.econbiz.de/10010762497