Investigates the factors influencing job creation in small firms, firm survival and potential predictors of firm success. One key purpose of this study is to better understand market failures which might warrant public policy intervention. Part one conducts an analysis on a database of 636...

This paper uses an agency theory perspective to develop an understanding of the determinants of auditor change for small firms in the United Kingdom. The paper, therefore, extends the existing literature (see Williams [22] and Francis and Wilson [9]) from a consideration of auditor change for...

This paper examines the characteristics of UK small firm bank finance and the causes of the frequently strained relationship between small firms and banks in the UK. Debt, credit rationing, and call option problems under the UK system are examined. The bank’s solutions including the...