Control aversion and the search for external financing in Swedish SMEs

摘要: The discussion on growth (see Storey, 1997) and control aversion (Cressy, 1995; Chittenden et al., 1996; Cressy Olofsson, 1996) in small medium sized firms has been attracting an increasing amount of attention. Our purpose this article is to identify under what circumstances are prepared accept outside the business firm order grow. In it argued that technology development, financial strength, size perceived need grow, change attitudes towards external financiers. attitude more openness eventually leads actual behaviour where principals choose apply for finance form bank loans. A linear structural equation modelling program, LISREL, used analyse a sample 281 Swedish firms. all have less than 200 employees, includes both manufacturing service