Resourcing small and medium sized enterprises : a financial growth life cycle approach / by Ciaran Mac an Bhaird
- 作者: Mac an Bhaird, Ciaran.
- 其他作者:
- 其他題名:
- Springer eBooks
- A financial growth life cycle approach
- 出版: Heidelberg : Springer-Verlag Berlin Heidelberg 2010
- 叢書名: Contributions to management science ,
- 主題: Small business--Finance , Small business--Growth. , Economics/Management Science. , Statistics for Business/Economics/Mathematical Finance/Insurance. , Entrepreneurship , Organization/Planning. , Finance /Banking.
- ISBN: 9783790823998 (electronic bk.) 、 9783790823981 (paper)
- URL:
電子書
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讀者標籤:
- 系統號: 005161579 | 機讀編目格式
館藏資訊
In a world of increasing financial uncertainty and growing unemployment, the macroeconomic contribution of SMEs is more important than ever. Development of a vibrant, sustainable small firm sector is dependent on sufficient resourcing of SMEs, particularly adequate capitalisation. This book provides a timely examination of SME financing and determinants of capital structure. A special feature of this book is the novel methodological approach adopted, providing an innovative perspective on SME financing. Analysis of stated financing preferences and objectives of SME owners is combined with results of statistical analysis of firm characteristics in exploring holistic explanations for observed capital structures. The uniqueness of this approach is in the contribution of data on financing preferences to supplement and contextualise results of bivariate and multivariate statistical tests. This methodology extends the SME literature, and is of interest to academics, researchers, practitioners and policy makers.