Artikel

The role of owner in capital structure decisions: An analysis of single-owner corporations

This study examines the extent to which individual demographic characteristics of owners influence capital structure decisions. 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, education, business experience, sophistication, and wealth on the capital structure of single-owner corporations. By calculating the marginal contribution of personal risk tolerance, we demonstrate that owner preference contributes meaningfully to the explained variation in capital structure decisions.

Sprache
Englisch

Erschienen in
Journal: Journal of Entrepreneurial Finance, JEF ; ISSN: 1551-9570 ; Volume: 14 ; Year: 2010 ; Issue: 3 ; Pages: 1-36 ; Montrose, CA: The Academy of Entrepreneurial Finance (AEF)

Klassifikation
Management

Ereignis
Geistige Schöpfung
(wer)
Ang, James
Cole, Rebel
Lawson, Daniel
Ereignis
Veröffentlichung
(wer)
The Academy of Entrepreneurial Finance (AEF)
(wo)
Montrose, CA
(wann)
2010

Handle
Letzte Aktualisierung
10.03.2025, 11:45 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Artikel

Beteiligte

  • Ang, James
  • Cole, Rebel
  • Lawson, Daniel
  • The Academy of Entrepreneurial Finance (AEF)

Entstanden

  • 2010

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