Green, Christopher J.; Kimuyu, Peter Kiko; Manos, Ronny; … - In: Issues in corporate governance and finance, (pp. 379-404). 2007
We utilize a unique comprehensive dataset, drawn from the 1999 baseline survey of some 2000 micro and small-scale enterprises (MSEs) in Kenya. We analyze the financing behavior of these enterprises within the framework of a heterodox model of debt-equity and gearing decisions. We also study...