Electronic Resource
Bingley
:
Emerald
International journal of entrepreneurial behaviour & research
4 (1998), S. 239-248
ISSN:
1355-2554
Source:
Emerald Fulltext Archive Database 1994-2005
Topics:
Economics
Notes:
Small owner-managed firms typically operate with levels of debt, much of it short-term, which are higher than those found in large companies. This paper investigates the financing preferences of a cross-section of small firm owners. The findings support the view that the financing decisions of small firm owners are based on a demand-side packing order of finance types. The resulting financial structures reflect a desire to minimise intrusion into the firms and are not entirely the consequence of persistent deficiencies in the provision of finance to small firms.
Type of Medium:
Electronic Resource
URL:
http://dx.doi.org/10.1108/13552559810235529
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