Small firm growth, access to capital mar
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Francis Chittenden; Graham Hall; Patrick Hutchinson
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Article
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1996
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Springer US
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English
⚖ 724 KB
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