Artikel
Capital Structure and Small Growth Firms
Capital structure choices and preferences in small, rapidly growing corporations are examined. As much of capital structure theory involves variables not easily or practically quantified (e.g., preferences, motivations, agency costs, information asymmetries) a survey was designed in an attempt to gauge the relevance of several theories of capital structure. The survey was sent to 405 firms, taken from lists of successful high growth corporations; 27.2% returned usable responses. Analysis of the responses indicates that tax factors and management preferences have major impacts on capital structure. Implications arising from agency cost, information asymmetry, and signaling theory apparently have little impact on capital structure choice and financing strategies of the responding firms.
- Sprache
-
Englisch
- Erschienen in
-
Journal: Journal of Small Business Finance ; ISSN: 1057-2287 ; Volume: 1 ; Year: 1991 ; Issue: 2 ; Pages: 161-177 ; Greenwich, CT: JAI Press
- Klassifikation
-
Management
Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
Firm Performance: Size, Diversification, and Scope
- Thema
-
Capital Structure
Capital
Small Firm
Growth Firm
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Norton, Edgar
- Ereignis
-
Veröffentlichung
- (wer)
-
JAI Press
- (wo)
-
Greenwich, CT
- (wann)
-
1991
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Artikel
Beteiligte
- Norton, Edgar
- JAI Press
Entstanden
- 1991
Ähnliche Objekte (12)
Sources of capital and debt structure in small firms
Capital structure in small manufacturing firms: Evidence from the data
Capital structure decisions of firms
Growth intention and growth in small accounting firms
The Capital Structure of Regulated Firms
Small Business Capital Structure Choice
The growth and human capital structure of new firms over the business cycle
The growth and human capital structure of new firms over the business cycle
The Growth and Human Capital Structure of New Firms over the Business Cycle
Assessing the growth potential of small firms : guiding young firms to higher growth
Small firms, human capital, and productivity in Asia
Financial regimes, capital structure, and growth
Sources of capital and debt structure in small firms
Capital structure in small manufacturing firms: Evidence from the data
Capital structure decisions of firms
Growth intention and growth in small accounting firms
The Capital Structure of Regulated Firms
Small Business Capital Structure Choice
The growth and human capital structure of new firms over the business cycle
The growth and human capital structure of new firms over the business cycle
The Growth and Human Capital Structure of New Firms over the Business Cycle
Assessing the growth potential of small firms : guiding young firms to higher growth
Small firms, human capital, and productivity in Asia
Financial regimes, capital structure, and growth
Sources of capital and debt structure in small firms
Capital structure in small manufacturing firms: Evidence from the data
Capital structure decisions of firms
Growth intention and growth in small accounting firms
The Capital Structure of Regulated Firms
Small Business Capital Structure Choice
The growth and human capital structure of new firms over the business cycle
The growth and human capital structure of new firms over the business cycle
The Growth and Human Capital Structure of New Firms over the Business Cycle
Assessing the growth potential of small firms : guiding young firms to higher growth
Small firms, human capital, and productivity in Asia