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.
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
Copyright Date
1989
Language
en
File Format
application/pdf
Recommended Citation
Van Auken, Howard E. and Doran, B. Michael, "Small Business Capitalization Patterns" (1989). Management Publications. 27.
https://lib.dr.iastate.edu/management_pubs/27
Included in
Accounting Commons, Business Administration, Management, and Operations Commons, Entrepreneurial and Small Business Operations Commons, Finance and Financial Management Commons
Comments
This article is from Journal of Applied Business Research 5 (1989(: 15, doi: 10.19030/jabr.v5i2.6356.