404 pages | 25 B/W Illus.
This volume is an excellent addition to Routledge’s Studies in Small Business series. In this extended and novel entrepreneurial analysis of small firm inception and growth, a leading authority in the field develops a new kind of ‘micro-micro’ analysis, applying rigorous methods from economics, accounting and finance to gain a deeper understanding of micro-firms. Reid examines performance, hierarchy, capital structure, monitoring and control, flexibility, innovation and information systems.
Using statistical, econometric and qualitative methods of empirical research, Foundations of Small Business Enterprise tracks and analyses the evolution of 150 small firms from their early years through to maturity.
This title will appeal to a wide range of students, specialists and practitioners in economics, accounting and finance.
Part 1: Background 1. Small Firm Inception and Growth 2. Database Construction and Use 3. Main Quantitative Features of Database Part 2: Existing Evidence 4. Growth and Survival of Micro-Firms 5. Funding Shortages Part 3: Finance 6. Modelling Financial Structure 7. Capital Structure at Inception 8. Trajectories of Financial Structure Part 4: Performance 9. The Morphology of Performance 10. Strategy and Structure of Performance 11. Actions and Outcomes
There is a growing polarization in the international economy for companies to become either transnational corporations or small businesses. This dualism means the experience of the small business is quite different to that of a large corporation. The life of a small business is often shorter, riskier and more entwined with the personality of the entrepreneur. In this prestigious series, case-studies and the latest research are used to reveal the regional, national and international role of the small business.