| Vorliegende Sprache |
eng |
| Hinweise auf parallele Ausgaben |
322446848 Buchausg. u.d.T.: ‡Mac an Bhaird, Ciarán: Resourcing small and medium sized enterprises |
| ISBN |
978-3-7908-2398-1 |
| Name |
Mac an Bhaird, Ciarán |
| T I T E L |
Resourcing Small and Medium Sized Enterprises |
| Zusatz zum Titel |
A Financial Growth Life Cycle Approach |
| Verlagsort |
Heidelberg |
| Verlag |
Springer-Verlag Berlin Heidelberg |
| Erscheinungsjahr |
2010 |
| 2010 |
| Umfang |
Online-Ressource (XXII, 210p. 20 illus., 10 illus. in color, digital) |
| Reihe |
Contributions to Management Science |
| Notiz / Fußnoten |
Includes bibliographical references and index |
| Weiterer Inhalt |
Chapter 1: The Role of SMEs in Western Economies; Introduction; Definitions in SME Financing Research; Emergence of the Research Subject; Previous Research on Financing Irish SMEs; Sources of External Finance Available to Irish SMEs; Conclusion; Chapter 2: SME Financing: A Life Cycle Approach; Introduction; Life Cycle Theory of the Firm; Application of the Life Cycle Approach to the SME Sector; Empirical Examination of the Financial Growth Life Cyclefinancial growth life cycle Modelfinancial growth life cycle model; Distribution of Debt and Equity Across Age Groups. One-Way Anova Post-Hoc AnalysisComparison of Sources of Finance Employed at Start-Up and at Present; Data on the Provision of Collateral by Respondentsprovision of collateral by respondents; Comparison of Collateral Provision Across Age Groups; Comparison of Collateral Provision at Start-Up and at Present; Conclusions; Chapter 3: SME Financing: Investigation of Firm and Industry Effectsfirm and industry effects; Introduction; Description of Variables Employed in Multivariate Models; Summary Descriptive Data of Dependent Variablesdependent variables. Summary Descriptive Data of Independent Variablesindependent variablesTests for Multicollinearitymulticollinearity; Multivariate Regression ResultsMultivariate regression results; Examining Statistical Significancestatistical significance; HeteroskedasticityHeteroskedasticity; Investigation of Sectoral Effectssectoral effects; Results of Seemingly Unrelated Regression ModelsResults of seemingly unrelated regression models; Conclusions; Chapter 4: SME Owners´ Financing Preferencesfinancing preferences; Introduction; Respondents´ Financing Preferencesfinancing preferences. External Financing RequirementPerceived Availability of Finance; Perceived Internal Growth Constraintsinternal growth constraints; Explanations for Respondents´ Financing Preferencesfinancing preferences; Control and Managerial IndependenceControl and managerial independence; Perception of Funders and Their Requirements; Financial ObjectivesFinancial objectives; Respondents´ Considerations When Raising External Finance; Considerations When Raising Debt; Considerations When Raising External Equity; Exploration of Signallingsignalling, Trade-Off, And Timing Theories. Respondents´ Views on Signallingsignalling EffectsRespondents´ Views on Debt-Tax Shielddebt-tax shield Benefits of Debt; Respondents´ Views on Timing Considerations; Conclusion; Chapter 5: Discussion and Conclusions; Introduction; Discussion of Results; Asymmetric Information and Signallingsignalling Theories; Agency TheoryAgency theory; Trade-Off Theory; Implications for Future Researchfuture research; Policy ImplicationsPolicy implications; Implications for SME Firm Owners; Implications for Funders; Findings in Relation to Initial Research Objectivesresearch objectives; Firm Characteristics. Owner Preferences |
| Titelhinweis |
Buchausg. u.d.T.: ‡Mac an Bhaird, Ciarán: Resourcing small and medium sized enterprises |
| ISBN |
ISBN 978-3-7908-2399-8 |
| Klassifikation |
KFF |
| KFFK |
| BUS027000 |
| BUS004000 |
| KFFD |
| BUS051000 |
| 657.8333 |
| 658.152 |
| 336 |
| 338.6041 |
| HG1-9999 |
| HG4501-6051 |
| HG1501-HG3550 |
| QP 310 |
| Kurzbeschreibung |
The Role of SMEs in Western Economies -- SME Financing: A Life Cycle Approach -- SME Financing: Investigation of Firm and Industry Effects -- SME Owners’ Financing Preferences -- Discussion and Conclusions |
| 2. Kurzbeschreibung |
In a world of increasing financial uncertainty and growing unemployment, the macroeconomic contribution of SMEs is more important than ever. Development of a vibrant, sustainable small firm sector is dependent on sufficient resourcing of SMEs, particularly adequate capitalisation. This book provides a timely examination of SME financing and determinants of capital structure. A special feature of this book is the novel methodological approach adopted, providing an innovative perspective on SME financing. Analysis of stated financing preferences and objectives of SME owners is combined with results of statistical analysis of firm characteristics in exploring holistic explanations for observed capital structures. The uniqueness of this approach is in the contribution of data on financing preferences to supplement and contextualise results of bivariate and multivariate statistical tests. This methodology extends the SME literature, and is of interest to academics, researchers, practitioners and policy makers |
| 1. Schlagwortkette |
Klein- und Mittelbetrieb |
| Unternehmenswachstum |
| Kapitalstruktur |
| Finanzierung |
| Lebenszyklus <Wirtschaft> |
| 1. Schlagwortkette ANZEIGE DER KETTE |
Klein- und Mittelbetrieb -- Unternehmenswachstum -- Kapitalstruktur -- Finanzierung -- Lebenszyklus |
| 2. Schlagwortkette |
Klein- und Mittelbetrieb |
| Unternehmenswachstum |
| Kapitalstruktur |
| Finanzierung |
| Lebenszyklus <Wirtschaft> |
| ANZEIGE DER KETTE |
Klein- und Mittelbetrieb -- Unternehmenswachstum -- Kapitalstruktur -- Finanzierung -- Lebenszyklus |
| SWB-Titel-Idn |
322305527 |
| Signatur |
Springer E-Book |
| Bemerkungen |
Elektronischer Volltext - Campuslizenz |
| Elektronische Adresse |
$uhttp://dx.doi.org/10.1007/978-3-7908-2399-8 |
| Internetseite / Link |
Volltext |
| Siehe auch |
Volltext |
| Siehe auch |
Cover |
