Miettinen, Marika; Niskanen, Mervi - In: Managerial Finance 41 (2015) 1, pp. 102-120
-accounting variables in order to examine their ability to predict firm performance, not failure, and to compare it with lenders’ evaluation …Purpose – The purpose of this paper is to investigate lender evaluations of start-up success in a sample of Finnish … results suggest that the lenders’ evaluations of the business prospects at the start are suitable predictors of good …