Control Aversion and The Search for External Financing in Swedish SMEs

By B. Berggren, C. Olofsson, Lars Silver. 2000

168 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/6692af8b220a210b4bba56e72d246f09974536a3

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

In Economics and Econometrics

In Strategy and Management

Citations in the corpus

The Dynamics of Capital Structure: Evidence from Swedish Micro and Small Firms (2001, background): “While there are no econometric results available from the analysis of Swedish SMEs, Cressy and Olofsson (1997b) have conducted a survey based on this group of firms addressing some of the issues discussed in the previous sections.”
Competencies and Institutions Fostering High-growth Firms (2008, unknown): “In contrast, Swedish entrepreneurs often cling to control throughout their entire careers, showing a strong unwillingness to give up control rights to external financiers (Wiklund et al. 2003, Berggren et al. 2000).”
Determinants of capital structure in Irish SMEs (2010, background): “Empirical evidence supports the applicability of the POT in explaining the financing of SMEs (Chittenden et al. 1996; Michaelas et al. 1999; Berggren et al. 2000; Lopez-Gracia & Aybar-Arias 2000; Sogorb Mira 2005; Ou & Haynes 2006).”
Trade-Off Theory versus Pecking Order Theory: capital structure decisions in a peripheral region of Portugal (2014, background): “Various empirical studies (Chittenden et al. 1996; Michaelas et al. 1999; Berggren et al. 2000; López-Gracia, Aybar-Arias 2000; Sogorb-Mira 2005; Ou, Haynes 2006; Ramalho, Silva 2009) support the Pecking Order Theory in explaining SME capital structure decisions.”
Quantity and quality of information and SME financial structure (2012, background): “Whereas this implies a loss of control on behalf of the owner, it is conceivable that the owner will be inclined to put control aversion aside if growth is perceived to be essential to the firm’s survival ( Berggren et al. 2000 ).”