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This scholarly journal publishes original papers and conceptual and empirical articles in the field of entrepreneurship, including national and international studies of enterprise creation, small business management, minority issues in entrepreneurship, and more.
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Predictors of capital structure in small ventures.
December 22, 1995... A critical question that entrepreneurs often face is whether to finance their ventures through debt or equity or the appropriate combination thereof. Because small ventures are a vital part of our economy and a large percentage of small business...
Venture capital as an alternative means to allocate capital: an agency-theoretic view.
December 22, 1995... If an analysis of venture capital is to add value to the study of finance, it must relate to main themes in finance. Venture capital involves aspects of investing and capital structure. But each of these thoughts focuses on just a part, rather...
"Harvesting" through initial public offerings (IPOs): the implications of underpricing for the small firm.
December 22, 1995... In agriculture, harvesting means reaping the crop at the end of the growing season. Similarly, growing businesses, like growing crops, need to be harvested to collect terminal after-tax cash flows on the investment that was initially "planted."...
Agency costs, market discipline and market timing: evidence from post-IPO operating performance. (initial public offering)
December 22, 1995... We compare the profitability, operational efficiency, and value changes from 1985-92 of ninety-nine firms that had initial public offerings (IPOs) in 1985, to a matched sample of similar but "seasoned" firms that had their IPOs before 1980. We...