Capital structure and the firm’s life stage

In this paper we argue the case for a relationship between capital structure and a firm’s life stage. We provide an overview of the two sets of theories and follow this with a proposed linkage between the life stage and capital structure. We use the Adizes life stage model to assess the life stage o...

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Bibliographic Details
Main Authors: A. Frielinghaus, B. Mostert, C. Firer
Format: Article
Language:English
Published: AOSIS 2005-12-01
Series:South African Journal of Business Management
Online Access:https://sajbm.org/index.php/sajbm/article/view/640