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Corporate finance for the entrepreneurial firm is fundamentally different from that of the traditional firm. The standard problems and solutions to both investment and financing are reformulated in this paper. The formulation is intended to capture two distinguishing features of entrepreneurial...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10011991207
Persistent link: https://ebvufind01.dmz1.zbw.eu/10012886861
Persistent link: https://ebvufind01.dmz1.zbw.eu/10001340263
Corporate finance for the entrepreneurial firm is fundamentally different from that of the traditional firm. The standard problems and solutions to both investment and financing are reformulated in this paper. The formulation is intended to capture two distinguishing features of entrepreneurial...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10012926499
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,...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10009156629
Persistent link: https://ebvufind01.dmz1.zbw.eu/10009373641
Persistent link: https://ebvufind01.dmz1.zbw.eu/10009159731
Persistent link: https://ebvufind01.dmz1.zbw.eu/10003423466
A consequence attributed to economic crises is that firms could be forced to sell at deep discounts, or fire sale prices. In addition to the wealth transfer from the shareholders of the selling firms to that of the acquiring firms, the economy may also lose when bargain hunting acquirers may not...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10013156891
Persistent link: https://ebvufind01.dmz1.zbw.eu/10012798811