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Financing Irish high-tech SMEs: The analysis of capital structure

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  • Neville, Conor
  • Lucey, Brian M.

Abstract

This paper analyses the capital structure of high-tech SMEs based in Ireland examining the determinants which influence the financing options. The main contribution of this paper is to provide analysis on the capital structure financing choices of the high-tech sector, and provide a new insight into the financing of high-tech SMEs through primary data.

Suggested Citation

  • Neville, Conor & Lucey, Brian M., 2022. "Financing Irish high-tech SMEs: The analysis of capital structure," International Review of Financial Analysis, Elsevier, vol. 83(C).
    • Handle: RePEc:eee:finana:v:83:y:2022:i:c:s1057521922001806
    DOI: 10.1016/j.irfa.2022.102219
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    Cited by:

    1. Pramendra Singh Tank, 2023. "Unlocking the Power of Accelerators: The Crucial Role of Institutions in Boosting New Venture Performance," IIMA Working Papers WP 2023-04-04, Indian Institute of Management Ahmedabad, Research and Publication Department.
    2. Min Bai & Samir Harith, 2023. "Measuring SMEs Risk – Evidence from Malaysia," SN Business & Economics, Springer, vol. 3(7), pages 1-32, July.
    3. Teng Ma & Ya Liu & Rongyan Jia, 2023. "Multiple Driving Paths of High-Tech SME Resilience from a “Resource–Capability–Environment” Perspective: An fsQCA Approach," Sustainability, MDPI, vol. 15(10), pages 1-23, May.

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    More about this item

    Keywords

    High-tech; Capital structure; Technology; Finance; SME; Capital; Debt; Equity; Intangible assets;
    All these keywords.

    JEL classification:

    • G30 - Financial Economics - - Corporate Finance and Governance - - - General
    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe

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