Data/hora: 11/06/2024 01:14:05

Provedor de dados: 	31	
País: 	United States	
Título: 	Determinants of Financial Capital Use: Review of theories and implications for rural businesses	
Autores: 	Curtiss,   Jarmila.	
Data: 	2012-02-15	
Ano: 	2012	
Palavras-chave: 	Financial capital use; Literature review; Rural business; Agricultural Finance; Community/Rural/Urban Development.	
Resumo: 	This paper presents a review of financial economics literature and offers a comprehensive discussion and systematisation of determinants of financial capital use. In congruence with modern financial literature, it is acknowledged here that real and financial capital decisions are interdependent. While the fundamental role of the (unconstrained) demand for real capital in the demand for finance is acknowledged, the deliverable focuses on three complementary categories of the determinants of financial capital use: i) capital market imperfections; ii) factors mitigating these imperfections or their impacts; and iii) firm- and sector-related factors, which alter the severity of financial constraints and their effects. To address the question of the optimal choice of financial instruments, theories of firm capital structure are reviewed. The deliverable concludes with theory-derived implications for agricultural and non-agricultural rural business’ finance.	
Tipo: 	Working Paper	
Idioma: 	Inglês	
Identificador: 	http://purl.umn.edu/122846	
Relação: 	Factor Markets&gt;Centre for European Policy Studies&gt;Working Papers

Factor Markets Working Paper

No. 19	
Formato: 	54