Campus Units

Finance, Accounting

Document Type

Article

Publication Date

1989

Journal or Book Title

Journal of Applied Business Research

Volume

5

Issue

2

First Page

15

Last Page

22

DOI

10.19030/jabr.v5i2.6356

Abstract

This study investigates the initial capitalization and financing patterns of recently established (new) and established (old) small businesses in Iowa. Analysis of survey responses indicates that significant differences exist between these two groups of firms. Specifically, new firms are found to have relied more heavily on debt financing than old firms. This suggests that new firms with high debt loads are likely not to survive and become old firms.

Comments

This article is from Journal of Applied Business Research 5 (1989(: 15, doi: 10.19030/jabr.v5i2.6356.

Rights

This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

Copyright Owner

Van Auken et al

Language

en

File Format

application/pdf