FinTech, the merging of finance and modern Internet-based technology, has rapidly presented itself as a disruptor to traditional business financing, notably in the form of crowdfunding and Peer-to-Peer (P2P) lending. In this paper, we examine the determinants of the use of FinTech finance by...

Using a sample of hi-tech Chinese small and medium-size enterprises (SMEs), we compare financing costs for family and nonfamily firms. We find that family SMEs enjoy relatively lower average financing costs through mitigating agency problems, the provision of greater collateral, and the reliance...

This paper uses firm-level data from the Business Longitudinal Database compiled by the Australian Bureau of Statistics to examine finance-seeking behaviour and outcomes by Australian small and medium-sized enterprises (SMEs). By modelling the determinants of SME financing behaviour and outcomes...

Using the Business Longitudinal Database compiled by the Australian Bureau of Statistics, this paper investigates the effects of firm-level factors, including size, the number of employees, business strategy, and firm lifecycle, on finance seeking (both debt and equity) by Australian small and...

Using the Business Longitudinal Database compiled by the Australian Bureau of Statistics, we examine the level and determinants of agency costs in small and medium-sized enterprises (SMEs), with a particular focus on the impact of family ownership and the variation in agency costs associated...

This paper examines the pricing and performance of initial public offerings (IPOs) for small- and medium-sized enterprises (SMEs) on the Thai Market for Alternative Investments (MAI) from September 2001 to October 2008. Underpricing is calculated using headline underpricing, underpricing issuer...