Business borrowing and control: A theory of entrepreneurial types
- 1 August 1995
- journal article
- research article
- Published by Springer Science and Business Media LLC in Small Business Economics
- Vol. 7 (4), 291-300
- https://doi.org/10.1007/bf01108618
Abstract
A formal model of the bank borrowing decision by the small firm is provided to explain why some entrepreneurs borrow and others do not, and why some businesses grow and others remain stationary over long periods.Keywords
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