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文章基本信息

  • 标题:Preemption, Start-Up Decisions and the Firms' Capital Structure
  • 本地全文:下载
  • 作者:Paolo M. Panteghini ; Michele Moretto
  • 期刊名称:Economics Bulletin
  • 电子版ISSN:1545-2921
  • 出版年度:2007
  • 卷号:4
  • 出版社:Economics Bulletin
  • 摘要:In this article, we analyse the interactions between financial and start-up decisions in an oligopolistic framework, where firms compete to enter a new market. We show that preemption can substantially reduce the negative effects of credit rationing on start-up investment decisions.
  • 关键词:capital structure
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