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Is the Cost of Debt Capital Higher for Younger Firms? Author info | Abstract | Publisher info | Download info | Related research | Statistics Ari Hyytinen
Mika Pajarinen
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Paper provided by The Research Institute of the Finnish Economy in its series Discussion Papers with number
946.
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Length: 17 pages
Date of creation: 11 Nov 2004Date of revision:
Handle: RePEc:rif:dpaper:946Contact details of provider: Postal: L�nnrotinkatu 4 B, FIN-00120 HELSINKI Phone: +358 (0)9 609 900 Fax: +358 (0)9 601 753 Web page: http://www.etla.fi/ More information through EDIRC
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Keywords: small business finance ; cost of debt capital ; firm age ; Other versions of this item:
Find related papers by JEL classification: G14 - Financial Economics - - General Financial Markets - - - Information and Market Efficiency; Event Studies G31 - Financial Economics - - Corporate Finance and Governance - - - Capital Budgeting; Investment Policy G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Capital and Ownership Structure
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References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.: Ari Hyytinen & Lotta Väänänen, 2004.
"Could Mr. and Mrs. Capital Market Imperfection Please Step Forward? An Empirical Analysis of Adverse Selection and Moral Hazard in Capital Markets ,"
Discussion Papers
887, The Research Institute of the Finnish Economy.
[Downloadable!]
Datta, Sudip & Iskandar-Datta, Mai & Patel, Ajay, 1999.
"Bank monitoring and the pricing of corporate public debt1 ,"
Journal of Financial Economics ,
Elsevier, vol. 51(3), pages 435-449, March.
[Downloadable!] (restricted)
Allen N. Berger & Gregory F. Udell, 1998.
"The economics of small business finance: the roles of private equity and debt markets in the financial growth cycle ,"
Finance and Economics Discussion Series
1998-15, Board of Governors of the Federal Reserve System (U.S.).
[Downloadable!]
Other versions: Diamond, Douglas W, 1989.
"Reputation Acquisition in Debt Markets ,"
Journal of Political Economy ,
University of Chicago Press, vol. 97(4), pages 828-62, August.
[Downloadable!] (restricted)
Ari Hyytinen & Lotta Väänänen, 2004.
"Mandatory Auditor Choice and Small Finance: Evidence from Finland ,"
Discussion Papers
950, The Research Institute of the Finnish Economy.
[Downloadable!]
Pittman, Jeffrey A. & Fortin, Steve, 2004.
"Auditor choice and the cost of debt capital for newly public firms ,"
Journal of Accounting and Economics ,
Elsevier, vol. 37(1), pages 113-136, February.
[Downloadable!] (restricted)
Jensen, Michael C. & Meckling, William H., 1976.
"Theory of the firm: Managerial behavior, agency costs and ownership structure ,"
Journal of Financial Economics ,
Elsevier, vol. 3(4), pages 305-360, October.
[Downloadable!] (restricted)
Ari Hyytinen & Mika Pajarinen, 2004.
"Opacity of Young Firms: Faith or Fact? ,"
Discussion Papers
923, The Research Institute of the Finnish Economy.
[Downloadable!]
Berger, Allen N & Udell, Gregory F, 1995.
"Relationship Lending and Lines of Credit in Small Firm Finance ,"
Journal of Business ,
University of Chicago Press, vol. 68(3), pages 351-81, July.
[Downloadable!] (restricted)
Petersen, Mitchell A & Rajan, Raghuram G, 1994.
" The Benefits of Lending Relationships: Evidence from Small Business Data ,"
Journal of Finance ,
American Finance Association, vol. 49(1), pages 3-37, March.
[Downloadable!] (restricted)
Stiglitz, Joseph E & Weiss, Andrew, 1981.
"Credit Rationing in Markets with Imperfect Information ,"
American Economic Review ,
American Economic Association, vol. 71(3), pages 393-410, June.
[Downloadable!] (restricted)
Full
references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
Michael Pfaffermayr & Matthias Stöckl & Hannes Winner, 2008.
"Capital Structure, Corporate Taxation and Firm Age ,"
Working Papers
0829, Oxford University Centre for Business Taxation.
[Downloadable!]
Other versions:
Pfaffermayr, Michael & Stoeckl, Matthias & Winner, Hannes, 2009.
"Capital structure, corporate taxation and firm age ,"
Working Papers in Management and Economics
2009-4, University of Salzburg.
[Downloadable!] Michael Pfaffermayr & Matthias Stöckl & Hannes Winner, .
"Capital Structure, Corporate Taxation and Firm Age ,"
Working Papers
2008-09, Faculty of Economics and Statistics, University of Innsbruck.
[Downloadable!] Kari E.O. Alho & Ville Kaitila & Mika Widgrén, 2004.
"Speed of Convergence and Relocation: New EU Member Countries Catching up with the Old ,"
Discussion Papers
963, The Research Institute of the Finnish Economy.
[Downloadable!]
Other versions: Jyrki Ali-Yrkkö & Monika Jain, 2005.
"Offshoring Software Development - Case of Indian Firms in Finland ,"
Discussion Papers
971, The Research Institute of the Finnish Economy.
[Downloadable!]
Edvard Johansson, 2004.
"Job Satisfaction in Finland - Some results from the European Community Household Panel 1996-2001 ,"
Discussion Papers
958, The Research Institute of the Finnish Economy.
[Downloadable!]
Christopher Palmberg & Mika Pajarinen, 2005.
"Determinants of Internationalisation through Strategic Alliances - Insights Based on New Data on Large Finnish Firms ,"
Discussion Papers
966, The Research Institute of the Finnish Economy.
[Downloadable!]
Markku Stenborg, 2004.
"Explaining Open Source ,"
Discussion Papers
947, The Research Institute of the Finnish Economy.
[Downloadable!]
Satu Nurmi, 2004.
"Employment Dynamics and Openness to Trade in Finnish Manufacturing ,"
Discussion Papers
956, The Research Institute of the Finnish Economy.
[Downloadable!]
Pekka Sulamaa & Mika Widgrén, 2005.
"Economic Effects of Free Trade between the EU and Russia ,"
Discussion Papers
969, The Research Institute of the Finnish Economy.
[Downloadable!]
Other versions: Hannu Piekkola & Anni Heikkilä, 2004.
"Active Ageing and Pension System: Finland ,"
Discussion Papers
959, The Research Institute of the Finnish Economy.
[Downloadable!]
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