The influence of entrepreneur's characteristics on small manufacturing firm debt financing

被引:26
作者
Slavec, Alenka [1 ]
Prodan, Igor [1 ]
机构
[1] Univ Ljubljana, Fac Econ, Ljubljana 61000, Slovenia
关键词
debt; financing; entrepreneurial self-efficacy; social ties; education level; SELF-EFFICACY; CAPITAL STRUCTURE; ASYMMETRIC INFORMATION; INVESTMENT DECISIONS; GROWTH; CREDIT; ENTERPRISES; BEHAVIOR; ACCESS; DISCRIMINATION;
D O I
10.5771/0949-6181-2012-1-104
中图分类号
C93 [管理学];
学科分类号
12 ; 1201 ; 1202 ; 120202 ;
摘要
This paper investigates how entrepreneur's characteristics determine debt financing of small manufacturing firms. In particular, we investigate the influence of entrepreneurial self-efficacy, strong and weak social ties, gender, age, and entrepreneur's educational level on small firm debt financing. Research results show that small firm debt financing is determined by weak and strong social ties, entrepreneurial self-efficacy, and entrepreneur's educational.
引用
收藏
页码:104 / 130
页数:27
相关论文
共 105 条
[31]   The financing of business start-ups [J].
Cassar, G .
JOURNAL OF BUSINESS VENTURING, 2004, 19 (02) :261-283
[32]   Competition, small business financing, and discrimination: Evidence from a new survey [J].
Cavalluzzo, KS ;
Cavalluzzo, LC ;
Wolken, JD .
JOURNAL OF BUSINESS, 2002, 75 (04) :641-679
[33]   Market structure and discrimination: The case of small businesses [J].
Cavalluzzo, KS ;
Cavalluzzo, LC .
JOURNAL OF MONEY CREDIT AND BANKING, 1998, 30 (04) :771-792
[34]  
Chaganti R., 1986, Journal of Small Business Management, V24, P18
[35]  
Chaganti R., 1995, Entrepreneurship, Theory and Practice, V20, P7
[36]   Does entrepreneurial self-efficacy distinguish entrepreneurs from managers? [J].
Chen, CC ;
Greene, PG ;
Crick, A .
JOURNAL OF BUSINESS VENTURING, 1998, 13 (04) :295-316
[37]  
Cole R.A., 2008, Who needs credit and who gets credit? evidence from the surveys of small business finances
[38]  
Coleman S, 2000, J SMALL BUS MANAGE, V38, P37
[39]  
Coleman S., 2007, J BUSINESS ENTREPREN, V19, P31
[40]  
Coleman S., 2000, J BUSINESS ENTREPREN, V12, P87