Equity for rural America : from Wall Street to Main Street : a conference summary
AbstractEquity markets play a crucial role as a lifeline of capital to entrepreneurs. U.S. equity markets are so large and so efficient that they have become an inexpensive way for many companies to raise capital through the issuance of stock. Indeed, many experts argue that the primary benefit of the equity markets is their role in providing new capital for business ventures. But the capital benefits of stock markets do not reach all businesses.> Many rural companies simply lack the size to issue stock directly on Wall Street. In addition, most rural companies cannot boast of the kind of growth prospects that attract venture capitalists. In short, equity capital is a major challenge as rural America searches for ways to help its entrepreneurs and boost economic growth in the new century.> Recognizing that challenge, the Federal Reserve Bank of Kansas City hosted a national conference, "Equity for Rural America: From Wall Street to Main Street." The conference, which was held in Denver on October 8-9, 1998, brought together 125 equity capital market experts, financial market participants, and rural leaders to assess ways to improve rural equity capital markets. Drabenstott and Meeker summarize the proceedings of this important conference for rural America.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Federal Reserve Bank of Kansas City in its journal Economic Review.
Volume (Year): (1999)
Issue (Month): Q II ()
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Curtiss, Jarmila, 2012. "Determinants of Financial Capital Use: Review of theories and implications for rural businesses," Working Papers 122846, Factor Markets, Centre for European Policy Studies.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (LDayrit).
If references are entirely missing, you can add them using this form.