Behavior of the Financial Structure of a Group of Spanish Companies Prior to Venture Capital Participation

    January 2008 in “ Dialnet (Universidad de la Rioja)
    Álvaro Tresierra Tanaka
    TLDR Certain compounds from Polygonum multiflorum roots may help treat hair loss.
    The study analyzed the financial structure behavior of 76 Spanish companies before venture capital involvement, using static trade-off and pecking order theories. Panel data methodology was employed for estimations. The findings provided evidence supporting the trade-off theory, although there was also weak support for the pecking order theory.
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