1. Small Firm Use Of Leverage
... stocks or bonds. Owing to their inability to access the public debt and equity markets, small businesses tend to be heavily reliant on commercial banks as a source of debt financing (Cole & Wolken, 1995, 1996, Petersen & Rajan, 1994; Scherr et al., 1993). Some prior research has suggested, however, that women-owned businesses experience greater difficulties in ... used to examine the differential extent to which women-owned businesses use debt in their capital structures. It has been suggested that women are less likely to use debt as a source of financing than men (Brown & Segal, 1989...
- Word Count: 10494
- Approx Pages: 42
- Grade Level: High School