| Tekijä: | Kotey, B. |
| Otsikko: | Types and sources of export information: insights from small business |
| Lehti: | International Small Business Journal
1999 : APR-JUN, VOL. 17:3, p. 11-29 |
| Asiasana: | SMALL BUSINESS DEBT FINANCING ECONOMICS |
| Kieli: | eng |
| Tiivistelmä: | The capital structure of small businesses indicates an over-reliance on personal equity and short-term debts as major sources of finance. Inadequate equity and long-term debt in the capital structure is a primary cause of under-capitalisation in small businesses. This finance gap is frequently attributed to supply side factors such as inaccessibility to the stock markets and unwillingness of financial institutions to lend to small businesses. However, failure to use long-term funds, particularly debt, could also be associated with demand side factors. |
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