作者: David A. Walker
DOI: 10.1007/BF00393807
关键词: Internal financing 、 Entrepreneurship 、 Financial system 、 Empirical research 、 Economics 、 Finance 、 Financial market 、 Equity (finance) 、 Debt 、 Risk financing 、 Venture capital 、 Economics and Econometrics 、 General Business, Management and Accounting
摘要: This study presents a framework to delineate financing the small firm. Special consideration is given firms' unique sources such as trade and bank credit, entrepreneur's own resources, informal investment, venture capital. The firm has limited or no access many traditional debt equity markets that supply long term corporate world, therefore operates in segmented imperfect financial markets. links between opportunities managerial goals are traced from start-up stage through establishing mature As matures, it broader market. establishes foundation for future empirical research.