Semantic Scholar Open Access 1998 3832 sitasi

The Economics of Small Business Finance: The Roles of Private Equity and Debt Markets in the Financial Growth Cycle

Allen N. Berger Gregory F. Udell

Lihat Sumber DOI

Abstrak

We examine the economics of financing small business in private equity and debt markets. Firms are viewed through a financial growth cycle paradigm in which different capital structures are optimal at different points in the cycle. We show the sources of small business finance, and how capital structure varies with firm size and age. The interconnectedness of small firm finance is discussed along with the impact of the macroeconomic environment. We also analyze a number of research and policy issues, review the literature, and suggest topics for future research.

Topik & Kata Kunci

Economics

Penulis (2)

Allen N. Berger

Gregory F. Udell

Format Sitasi

APA MLA BibTeX

Berger, A.N., Udell, G.F. (1998). The Economics of Small Business Finance: The Roles of Private Equity and Debt Markets in the Financial Growth Cycle. https://doi.org/10.1016/S0378-4266(98)00038-7

Akses Cepat

Lihat di Sumber doi.org/10.1016/S0378-4266(98)00038-7

Informasi Jurnal

Tahun Terbit: 1998
Bahasa: en
Total Sitasi: 3832×
Sumber Database: Semantic Scholar
DOI: 10.1016/S0378-4266(98)00038-7
Akses: Open Access ✓