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Anotace knihy

This book seeks empirically to identify the determinants of the very small firms financial leverage. This is important because both these enterprises have been under-researched and research in the area has been troubled by samples biased towards very large enterprises. Results support hypotheses that size, growth, operational cycle and entrepreneur s risk tolerance are positively and business risk, asset composition, profitability and inflation negatively associated with financial leverage. Additionally, there is support for a hypothesized relationship with industry but not with enterprise age. To achieve a wider understanding of these relationships, financial leverage is studied in combination with own working capital.

Parametry knihy

• Plný název: DETERMINANTS OF THE FIRM'S CAPITAL STRUCTURE
• Podnázev: THE CASE OF THE VERY SMALL ENTERPRISES
• Autor: Evaldo Guimaraes Barbosa
• Jazyk: Angličtina
• Vazba: Brožovaná
• Počet stran: 148
• EAN: 9783838323398
• ID: 06949145
• Nakladatelství: LAP Lambert Academic Publishing
• Hmotnost: 238 g
• Rozměry: 220 × 150 × 9 mm
• Rok vydání: 2009

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