Title:A wild ride for small young firms

Michael Keefe and James Tate

No 379902, Competition & Regulation Times from New Zealand Institute for the Study of Competition and Regulation

Abstract: Young firms usually don’t have enough of a track record to allow investors to make an informed decision. In addition, smaller firms tend to be less well known and have less-developed accounting and information systems. So a small young firm tends to be financially constrained and unable to fully fund ‘good’ projects, especially if its earnings are volatile. Michael Keefe and James Tate report on their recent findings.

Date: 2013-06-01
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Persistent link: https://EconPapers.repec.org/RePEc:vuw:vuwcrt:379902

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