A Dynamic View on External Financing Choices of Growth Oriented Ventures

2005 ◽  
Author(s):  
Katleen Baeyens ◽  
Sophie Manigart
Keyword(s):  
External Financing ◽  
Dynamic View ◽  
Financing Choices

Does Mandatory Disclosure of Internal Control Weaknesses Affect Corporate Financing Decisions?

2018 ◽  
Vol 35 (3) ◽  
pp. 581-606 ◽  
Author(s):  
Xinghua Gao ◽  
Yonghong Jia ◽  
Siyi Li
Keyword(s):  
Internal Control ◽  
Information Environment ◽  
External Financing ◽  
Equity Financing ◽  
Corporate Financing ◽  
Financing Decisions ◽  
Financing Choices ◽  
Internal Control Weaknesses ◽  
Financing Behavior ◽  
The Impact

We examine the impact of internal control weaknesses (ICWs) on firms’ financing choices and how firms alter their financing behavior after the mandated disclosure of ICWs. We find that, before disclosure, ICW firms tend to seek external financing more than non-ICW firms do and are more likely to use equity financing as opposed to debt. After the disclosure, however, ICW and non-ICW firms exhibit similar financing preferences. In exploring the motivations for equity financing, we find that ICW firms are more prone than non-ICW firms to use the equity proceeds to fund investments and that this penchant disappears post-disclosure. The overall evidence indicates that ICW disclosure alters the information environment and managerial incentives, which has significant impact on firms’ financing decisions.

scholarly journals Accounting Restatements and External Financing Choices*

2012 ◽  
Vol 30 (2) ◽  
pp. 750-779 ◽  
Author(s):  
Xia Chen ◽  
Qiang Cheng ◽  
Alvis K. Lo
Keyword(s):  
External Financing ◽  
Accounting Restatements ◽  
Financing Choices

A Dynamic Systems Approach to Personality

2001 ◽  
Vol 6 (3) ◽  
pp. 172-176 ◽  
Author(s):  
Lawrence A. Pervin
Keyword(s):  
Dynamic Systems ◽  
Systems Approach ◽  
Biological Processes ◽  
Recent Advances ◽  
Dynamic View ◽  
The Future ◽  
History Of

David Magnusson has been the most articulate spokesperson for a holistic, systems approach to personality. This paper considers three concepts relevant to a dynamic systems approach to personality: dynamics, systems, and levels. Some of the history of a dynamic view is traced, leading to an emphasis on the need for stressing the interplay among goals. Concepts such as multidetermination, equipotentiality, and equifinality are shown to be important aspects of a systems approach. Finally, attention is drawn to the question of levels of description, analysis, and explanation in a theory of personality. The importance of the issue is emphasized in relation to recent advances in our understanding of biological processes. Integrating such advances into a theory of personality while avoiding the danger of reductionism is a challenge for the future.

A Dynamic View of Global Integration and Local Responsiveness Framework

2018 ◽  
Vol 6 (8) ◽  
pp. 58
Author(s):  
Uyen-Minh Le ◽  
Tung-Shan Liao
Keyword(s):  
International Business ◽  
Business Management ◽  
External Environment ◽  
Dynamic Capability ◽  
International Strategy ◽  
Global Integration ◽  
Dynamic Features ◽  
Dynamic View ◽  
Concept Building ◽  
Strategy Types

Global-Integration and Local-Responsiveness (IR) framework with four pairs of external environment and appropriate international strategy types has contributed significantly to international business management. Nevertheless, the framework is still incomplete and lacks dynamic features. To deal with such limitations and enhance the theory, this paper, therefore, brings dynamic features regarding both environment and strategy into the IR grid. Under a dynamic capability angle with three steps of sensing, seizing and transforming [30], the dynamic global integration and local responsiveness framework – a new concept building for international business – would be explicated.

External Financing, Access to Debt Markets, and Stock Returns

2009 ◽  
Author(s):  
Kuo-Chiang (John) Wei ◽  
Full Yet Eric Campbell Lam
Keyword(s):  
Stock Returns ◽  
External Financing ◽  
Debt Markets
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