Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/264418 
Authors: 
Year of Publication: 
2021
Citation: 
[Journal:] The Journal of Entrepreneurial Finance (JEF) [ISSN:] 1551-9570 [Volume:] 23 [Issue:] 1 [Article No.:] 3 [Publisher:] The Academy of Entrepreneurial Finance (AEF) [Place:] Los Angeles, CA [Year:] 2021 [Pages:] 30-44
Publisher: 
The Academy of Entrepreneurial Finance (AEF), Los Angeles, CA
Abstract: 
This paper examines the dynamics trade-off financial structure in presence of ownership dispersion of newly created firms. Our objective is to test empirically the relevance of trade-off theory regards the debt funding behavior of business start-up. We use a sample of 200 business start-ups and the GMM panel data estimation over the period 2006-2010.
Subjects: 
Capital Structure
Trade-off Theory
start-up
Dynamic Structure
Costs of Adjusting
Corporate Finance
ownership concentration
Creative Commons License: 
cc-by-nc Logo
Document Type: 
Article

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