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Securitization and Capital Structure in Nonfinancial Firms: An Empirical Investigation

โœ Scribed by LEMMON, MICHAEL; LIU, LAURA XIAOLEI; MAO, MIKE QINGHAO; NINI, GREG


Book ID
121527955
Publisher
John Wiley and Sons
Year
2014
Tongue
English
Weight
985 KB
Volume
69
Category
Article
ISSN
0022-1082

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This article investigates the financial structure of small firms with an emphasis on growth and access to capital markets. Neo-classical economic, life cycle, pecking order and agency theory perspectives are reviewed in order to formulate testable propositions concerning levels of longterm, short-te