Small business borrowing and the owner-manager agency costs evidence on Finnish data

This study investigates the impact that managerial ownership has on loan availability and credit terms. We find that managerial ownership is common in a sample of small and medium-sized Finnish firms. Our results suggest that an increase in managerial ownership decreases loan availability. The resul...

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Bibliographische Detailangaben
Veröffentlicht in:Journal of small business management
1. Verfasser: Niskanen, Mervi (VerfasserIn)
Weitere Verfasser: Niskanen, Jyrki (VerfasserIn)
Format: UnknownFormat
Sprache:eng
Veröffentlicht: 2010
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