The DOI matches its Crossref record.
Capital structure and financing of SMEs: Australian evidence
Open accessAbstract
This paper investigates the determinants of capital structure and use of financing for small and medium sized enterprises. Hypotheses utilising static trade‐off and pecking order arguments are empirically examined using a series of firm characteristics including: size, asset structure, profitability, growth and risk. The hypotheses developed are tested using a large Australian nationwide panel survey. The results suggest that asset structure, profitability and growth are important determinants of capital structure and financing. For asset structure the direction of the influence is reliant upon the capital structure or financing measure employed. The results generally support static trade‐off and pecking order arguments proposed by theoretical models.
Overview
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Integrity signals
Registry
Cites
Statistics
Verification
Claims the paper makes
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Self-check
Percentages, sums and reported differences re-computed from the paper’s own numbers.
The self-check needs the paper’s full text.
Citations
Cited by
Serrasqueiro, Z., & Caetano, A. (2014) · Journal of Business Economics and Management · doi:10.3846/16111699.2012.744344 · Cited by 218
Mittal, V., & Raman, T. V. (2021) · World Journal of Entrepreneurship, Management and Sustainable Development · doi:10.1108/wjemsd-07-2020-0089 · Cited by 32
Analysis of External Financing Use: A Study of Small and Medium Enterprises in Malawi
Mulaga, A. N. (2013) · International Journal of Business and Management · doi:10.5539/ijbm.v8n7p55 · Cited by 14
Metadata
- Authors
- Cassar, G., & Holmes, S.
- Venue
- Accounting & Finance
- Publisher
- Wiley
- Published
- 2003-05-28
- Volume
- 43
- Issue
- 2
- Pages
- 123-147
- ISSN
- 0810-5391 (ISSN-L)
- 1467-629X
- OpenAlex
- W2074658738
- Cited by
- 598
- References
- 0
- FWCI
- 21.14
- Type
- journal article
- Language
- en
- Open access
- green
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
Are you an author, or do you see a problem with this page? Request a review
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
