2005•Unpublished venueRequires access
Cycle of Financial Growth of Small and Medium-sized Enterprises and Its Demonstration of Experiences
Jun Wang
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Abstract
Western theory of capital structure is mainly intended for large enterprises but not small and medium-sized entorprises.Financing of small and medium-sized enterprises is noted for dynamic characteristics.Following the laws of financial growth of general enterprises,cycle of financial growth of small and medium-sized enterpriscs has its specific characteristics,which takes mainly small and medium-sized enterprises with characteristics of high and science and technology as representation.