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In the economic environment firms born and die. The development of start-ups is essential for the growth of the whole economy. The present book analyses the role of financial and legal local systems on new firms' access to external sources of finance and their consequential capacity to get growth opportunities. The findings evidence the importance of local financial development for start-ups' capital structure decisions, providing a useful advice in order to improve financial institutions.

Produktbeschreibung
In the economic environment firms born and die. The development of start-ups is essential for the growth of the whole economy. The present book analyses the role of financial and legal local systems on new firms' access to external sources of finance and their consequential capacity to get growth opportunities. The findings evidence the importance of local financial development for start-ups' capital structure decisions, providing a useful advice in order to improve financial institutions.
Autorenporträt
Francesco Fasano, Ph.D., ist außerordentlicher Professor für Management & Corporate Finance und Projektfinanzierung an der Universität von Kalabrien, Italien. Er ist auch Forschungs- und Lehrassistent in 4 Kursen für Management und Unternehmensfinanzierung. Seine Forschungsschwerpunkte und wissenschaftlichen Veröffentlichungen liegen im Bereich Management.