Uses of Equity Capital by Small Firms-Findings From the Surveys of Small Business Finances (for 1993 & 1998)

Topics:
Commercial Banking
Tags:
Equity,
Survey,
Small Business,
Montana State University,
Investment,
Financing Startups,
Financial Services,
Financial,
Finance,
Venture Capital
Source:
Montana State University

FREE Registration is required

Overview: This paper utilizes the information collected in the 1993 and 1998 Small Business Finance surveys to investigate the uses of equity capital by small firms. It finds that while the importance of public issue markets (IPOs) and the role of venture capital investment in promoting the growth of small dynamic firms cannot be denied, the importance of external equity capital in promoting the formation and the growth of small firms seems to be overstated. A majority of small firms relied on internal sources of capital and external borrowing from financial institutions to finance their business operation and growth. In addition, internal equity and commercial bank loans appeared to be complementary financial resources.

(Is this item miscategorized? Does it need more tags? Let us know.)

Format: PDF | Size: 145KB | Date: Aug 2004 | Pages: 23


advertisement
advertisement
  • Click Here
  • Click Here
  • Click Here
advertisement

Returning users: Log In Here!

Already registered on BNET, TechRepublic, or ZDNet? Simply log in.

Free Membership: Sign Up Now!

Sign up for a free membership today and get instant and unlimited access to one of the largest databases of white papers, webcasts, and casestudies anywhere. Your FREE membership allows you to:

  • Download an unlimited amount of content, including classic and current white papers, case studies, webcasts and more
  • Track content on your chosen topics of interest
  • Receive targeted email alerts when your favorite content is added
  • Save content for future reading
  • Receive our member newsletter

When you register to access this directory, you become a member of BNET. In addition, you allow us to share your information with companies that produce products or services featured in the library--so that such companies may contact you with information and offers regarding their products and services. This enables us to keep the library a free service. As a directory registrant, you will receive a complimentary subscription to the BNET member newsletter, The BNET Report. You can unsubscribe from this newsletter at any time. By clicking the Sign up button, you indicate that you agree to our Terms and Conditions and have read and understand our Privacy Policy (updated).