Financing and capital structure of family enterprises

Financing Innovations and Capital Structure Choices

Evaluate the relationship between the structure of the economy and capital market financing

The importance of developing the financial sector, followed by the development of its financing comes from the Efficient financial sector, a key role in mobilizing resources for investment, encouraging foreign capital to enter and equipment and optimize resource allocation mechanism plays And a developed financial system in a country, with financing for the real sector of the economy, creates o...

A study of Financing Decisions and Capital Structure in Real Investment

In real investment, there is a relationship between external financing and abnormal stock returns. This study predicts a negative correlation between external financing and stock returns. The dependent variable of the research is stock returns and the independent variables are net financing and equity ratio. Also, control variables of the research includes assets growth, company’s size and comp...

New Evidences of Chinese Micro and Small Enterprises Financing: Capital Structures and Human Capitals

This paper investigates a sample of 100 MSEs across Guangdong province in China through a questionnaire survey to examine capital structures at start-up and expansion stages and characteristics of business, and herein tests theories in the context of financial management. Our findings provide substantial support for the pecking order theory and the financial growth cycle model. Results also exp...

How does social capital affect the financing decisions of Chinese small and medium-sized enterprises?

Using a panel of 65,551 firms over the period 2000-2006, we examine the capital structure determinants of Chinese privately owned small and medium-sized enterprises. We find that investment in the building and maintenance of social capital, measured by entertainment expenditure, is positively associated with short-term leverage, but negatively associated with long-term leverage, while the oppos...