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Title:A wild ride for small young firms

Author

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  • Michael Keefe
  • James Tate

Abstract

Young firms usually don’t have enough of a track record to allow investors to make an informed decision. In addition, smaller firms tend to be less well known and have less-developed accounting and information systems. So a small young firm tends to be financially constrained and unable to fully fund ‘good’ projects, especially if its earnings are volatile. Michael Keefe and James Tate report on their recent findings.

Suggested Citation

  • Michael Keefe & James Tate, 2013. "Title:A wild ride for small young firms," Competition & Regulation Times 379902, New Zealand Institute for the Study of Competition and Regulation.
    • Handle: RePEc:vuw:vuwcrt:379902
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    File URL: https://ojs.victoria.ac.nz/crt/article/view/3799
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