Capital Structure Policies SMEs : Financial Instruments, Determinants of Corporate Financing Decisions, and its Deviation in Developing Countries

Language: English

Published by AV Akademikerverlag

3639634926 / 9783639634921

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Seller: AHA-BUCH GmbH, Einbeck, GermanyAHA-BUCH GmbH

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nach der Bestellung gedruckt Neuware - Printed after ordering - This book investigates the empirical evidence on capital structure decisions of European small and medium-sized enterprises (SME). More than 100 firms had been surveyed on financial instruments, determinants of financing decisions and the differences in the use of those instruments and determinants when doing business in developing countries. The theoretical section provides an overview of the Pecking Order as well as the Trade-off Theory. Furthermore, cross country determinants of capital structure and existing empirical evidence from other studies are examined. The survey shows that more than half of the respondents follow some kind of target debt level and that slightly less than half follow some kind of financing pecking order. A fair amount of support for the Pecking Order Theory as well as for the Trade-off Theory had been found.

Seller Inventory # 9783639634921

Bibliographic details

Title
Capital Structure Policies SMEs : Financial Instruments, Determinants of Corporate Financing Decisions, and its Deviation in Developing Countries
Author
Alexander Lehner
Publisher
AV Akademikerverlag
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
3639634926
ISBN 13
9783639634921
Item weight
125 grams
Dimensions
220x150x5 mm

AHA-BUCH GmbH

Einbeck, Germany

5-star seller

AbeBooks seller since August 14, 2006

Shipping rates from Germany to U.S.A.

Item30 to 40 business days7 to 14 business days
First itemUS$ 69.64US$ 81.13
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Einbeck, Germany 37574