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Capital Structure at Inception and the Short-Run Performance of Micro-Firms
This paper examines the financial structure and performance of young micro-firms. As regards age, their average time from financial inception is one and a half years; and as regards size, their average number of employees is just three full-time, and two part-time workers. Short-run performance is measured over one year,...
Tags: Financial accounting, Capital structures, inception, capital structure, financial, performance, worker
White papers 2006-01-05

Additional Resources

Delegates From 14 Countries Meet to Discuss Global School Feeding Efforts
Philadelphia will take on an internationalflavor this week as 20 delegates representing 14 nations convene in thecity from July 17 to 22, 2008 for the 10th annual meeting of the GlobalChild Nutrition Forum. This year, the Global Child Nutrition Foundation GCNF is partnering withchild nutrition leaders from governmental, non-governmental, and...
Articles 2008-07-17
Chamber series a visceral experience
INTERMEZZO CHAMBER SERIES, Vieve Gore Concert Hall, Westminster College, Monday Music by members of the Second Viennese School (Arnold Schoenberg, Alban Berg and Anton Webern) has been a staple of the Intermezzo Chamber Music Series since its inception. The works of these composers don't...
Articles 2008-07-16
Arthur D. Little Strengthens Middle East Consultancy with Affinitiv Integration
ADL Welcomes the Expertise and Regional Experience of Affinitiv's Consultants to the Consultancy's Rapidly Growing Middle East Practice DUBAI -- Today leading global management consultancy Arthur D. Little announced that its Middle East office is integrating with the staff of Affinitiv, a strategic telecommunications and CRM consultancy with...
Articles 2008-07-16
Restaurants on the Run Acquires Seattle Based Restaurant Delivery Service, RestaurantsToGo!
ALISO VIEJO, Calif., July 15 /PRNewswire/ -- Restaurants on the Run has acquired RestaurantsToGo -- the Seattle based restaurant food delivery service. This is Restaurants on the Run's eighth acquisition since the company's inception nearly 15 years ago. The acquisition adds another 50 restaurant partners to the...
Articles 2008-07-15
Entorian Technologies Names Krishna Srinivasan to Its Board of Directors
AUSTIN, Texas -- Entorian Technologies Inc. (NASDAQ: ENTN), a leading provider of advanced module and system-level products for demanding high-reliability and high-performance markets, today announced that Krishna Srinivasan has been appointed to its board of directors, effective immediately. "Krishna's prior experience as a member of Augmentix's board of...
Articles 2008-07-15
Federated Investors, Inc. Announces Strategic Acquisition Involving the Prudent Bear Funds and the Hire of Key Investment Professionals
PITTSBURGH, July 15 /PRNewswire-FirstCall/ -- Federated Investors, Inc. , one of the nation's largest investment managers, today announced that it reached a definitive agreement to acquire certain assets of David W. Tice & Associates LLC that relate to the management of the $1.2 billion Prudent Bear Fund and the...
Articles 2008-07-15
4 featured musicians give compelling perform
INTERMEZZO CHAMBER MUSIC SERIES, Vieve Gore Concert Hall, Westminster College, Monday Music by members of the Second Viennese School (Arnold Schoenberg, Alban Berg and Anton Webern) has been a staple of the Intermezzo Chamber Music Series since its inception. The works of these composers don't receive the...
Articles 2008-07-15
IRX Therapeutics to Present Phase 2 Results at 7th International Conference on Head and Neck Cancer
NEW YORK -- IRX Therapeutics, a privately-held company dedicated to the discovery and development of proprietary therapies for the treatment of cancer and viral diseases, today announced that a symposium on findings from its Phase 2 clinical trial of IRX-2 will be held on July 22, 2008 at 6:30 am...
Articles 2008-07-15
Leostream Names Jack Hembrough as EVP of Sales & Marketing
LeostreamTM Corporation ( www.leostream.com ),a leading developer of Virtual Hosted Desktop software, today announced ithas appointed Jack Hembrough to the position of Executive Vice President ofSales and Marketing. He has spent over 20 years in the hardware andsoftware business, creating successful start-ups and running profitablebusinesses. Hembrough comes to Leostream from...
Articles 2008-07-15
A.M. Best Affirms Ratings of Imagine Insurance Company Limited
OLDWICK, N.J. -- A.M. Best Co. has affirmed the financial strength rating of A- Excellent and issuer credit rating of "a-" of Imagine Insurance Company Limited Imagine Barbados. The outlook for both ratings is stable. The ratings reflect Imagine's global strategy, solid net returns since inception and strong...
Articles 2008-07-15
Palmetto Bay Resort Real Estate Reservations to Open July 17th, Providing Buyers the Opportunity to Own Southern Belize Beachfront Property
PLACENCIA, Belize -- Palmetto Bay Resort at Maya Beach, a secluded tropical hideaway in Southern Belize situated on 16-miles of white sand beaches, today announced the July 17th opening of real estate reservations for the first phase of the resort. Buyers will now have the opportunity to own unprecedented luxury...
Articles 2008-07-15
Zacks #1 Rank Top Performers: CIRCOR Int'l, Continental Resources, Fuel Systems Solutions, Alpha Natural Resources and CF Industries Holdings
CHICAGO -- Zacks.com announces the latest list of top performing Zacks #1 Rank ("strong buy") stocks. The stocks on the prestigious list with the highest returns last week were CIRCOR International (NYSE: CIR), Continental Resources (NYSE: CLR), Fuel Systems Solutions, Inc. (NASDAQ: FSYS), Alpha Natural Resources, Inc. (NYSE: ANR) and...
Articles 2008-07-15
Commerce Split Corp.: Portfolio Update
Commerce Split Corp. ("Commerce Split") was created to provide exposure to the common shares of Canadian Imperial Bank of Commerce CIBC through two classes of securities, the Priority Equity Shares and the Class A Shares (a "Unit"). As stated in the prospectus, holders of the Priority Equity Shares are to...
Articles 2008-07-14
Sentry Select Capital Corp. Announces July 2008 Distributions for Principal-Protected Notes
Sentry Select Capital Corp. ("Sentry Select") is pleased to announce the July 2008 distribution amounts for the following principal-protected notes. ---------------------------------------------------------------------------- ...
Articles 2008-07-14
FICS Again Included in Mortgage Technology Magazine's Top 50 Mortgage Service Providers Listing
DALLAS -- Financial Industry Computer Systems, Inc. FICS, a mortgage technology specialist that provides in-house residential origination and servicing technology and commercial servicing technology to the mortgage industry, announced that it was once again recognized by Mortgage Technology magazine in the 2008 Top 50 Mortgage Service Providers listing. ...
Articles 2008-07-14
CACE Technologies Celebrates Wireshark® Milestone
The Open Source Project Formerly Known as Ethereal Turns 10 DAVIS, Calif. -- CACE Technologies, Inc., developer of tools to enhance the Wireshark user experience and primary sponsor of the Wireshark development effort, today celebrates the 10th anniversary of the inception of the project that spawned the world's...
Articles 2008-07-14
Vantagepoint Memorial Scholarships Honor Fallen Police, Firefighters and Public Employees
- 40 Surviving Children and Spouses Receive 2008/09 Scholarships - WASHINGTON, July 14 /PRNewswire/ -- The Vantagepoint Public Employee Memorial Scholarship Fund is pleased to announce that it has selected 40 surviving children and spouses of fallen firefighters, police officers and other public safety workers who will...
Articles 2008-07-14
Garda Sees Continued Strong Sales Momentum in Canadian Physical Security Sector
Garda Security Group, Canada's premier physical security company and a subsidiary of Garda World Security Corporation (TSX: GW) Garda, one of the most trusted consulting, investigation and security firms in the world, today reported that it is experiencing strong sales momentum in its Canadian Physical Security business in its current...
Articles 2008-07-14
Tectura Named to 2008 Microsoft Dynamics Inner Circle
In acknowledgment of exceptional serviceand sales performance, Tectura Corporation has been named to the 2008Microsoft Dynamics Inner Circle for the seventh consecutive year since itsinception in 2001. The elite group recognizes outstanding partners whose sales achievementranks them at the top echelon of the Microsoft Dynamics global network ofvalue-added reselling partners....
Articles 2008-07-14
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