UC知道急啊帮忙翻译！谢谢拉
来源：百度知道 编辑：UC知道 时间：2024/05/26 12:05:25
1. Executive summary
It is well accepted that small businesses are important engines of economic growth and that growth capital is essential for them to fulfill this critical role. It is also recognized that small business financing may be different from big business financing. For example, Petersen and Rajan (1994) and Berger and Udell (1995) show that small firms rely on different mechanisms to access debt financing. Since most of the existing studies on small business financing focus on debt financing, research on equity financing in small business would add significantly to our understanding of small business financing.
A large part of the theory of financing was developed in the 1980s and based on resolving the agency problems that arise from the asymmetric information between the firm and its capital suppliers (Harris and Raviv, 1991). Therefore, an examination of firm financing behavior must involve considerations about agency problems. Recently, researchers observe t
It is well accepted that small businesses are important engines of economic growth and that growth capital is essential for them to fulfill this critical role. It is also recognized that small business financing may be different from big business financing. For example, Petersen and Rajan (1994) and Berger and Udell (1995) show that small firms rely on different mechanisms to access debt financing. Since most of the existing studies on small business financing focus on debt financing, research on equity financing in small business would add significantly to our understanding of small business financing.
A large part of the theory of financing was developed in the 1980s and based on resolving the agency problems that arise from the asymmetric information between the firm and its capital suppliers (Harris and Raviv, 1991). Therefore, an examination of firm financing behavior must involve considerations about agency problems. Recently, researchers observe t
终于搞定了.
1 。内容提要
大家都公认，小企业是重要的经济增长的动力和增长是至关重要的资本为他们实现这一关键的作用。人们还认识到，小企业融资可能不同于大企业的资金。例如，彼得森和拉詹（ 1994年）和伯杰和Udell （ 1995 ）表明，小企业依靠不同的机制，以获得债务融资。由于大多数现有的研究小企业融资集中于债务融资，研究股权融资的小企业将大大增加我们理解的小企业融资。
很大一部分融资理论的发展在20世纪80年代的基础上解决机构的问题，产生于信息不对称之间的坚定和资本的供应商（哈里斯和雷维吾， 1991年） 。因此，审查公司融资行为必须涉及有关机构考虑的问题。最近，研究人员指出，家族企业可能有两个优势（ [法玛和詹森， 1983 ]和[李安等人。 ， 2000 ] ）和缺点（ [施莱弗和维什尼， 1997 ]和[舒尔茨等人。 ， 2003 ] ）在处理机构的问题。由于大多数企业，甚至大型企业，是由家庭（伯卡特等。 ， 2003年） ，重要的是要研究是否以及如何参与互动，家庭与机构问题，影响小企业融资。