Small Business and the New Issues Market for Equities

Hans Stoll and Anthony J. Curley

Journal of Financial and Quantitative Analysis, 1970, vol. 5, issue 3, 309-322

Abstract: A great deal of interest has been expressed by economists and policy-makers concerning the adequacy of the financing of small and, especially, new firms. This paper presents an empirical study of the adequacy of one particular source of funds—outside equity.

Date: 1970
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