메뉴 건너뛰기




Volumn 30, Issue 3, 2013, Pages 829-852

Alternative financing and private firm performance

Author keywords

Alternative financing; Capital access; China; Private firms

Indexed keywords


EID: 84881371162     PISSN: 02174561     EISSN: 15729958     Source Type: Journal    
DOI: 10.1007/s10490-012-9303-y     Document Type: Article
Times cited : (27)

References (56)
  • 1
    • 33644799969 scopus 로고    scopus 로고
    • Venture capital in emerging economies: Networks and institutional change
    • Ahlstrom, D., & Bruton, G. D. 2006. Venture capital in emerging economies: Networks and institutional change. Entrepreneurship Theory and Practice, 30: 299-320.
    • (2006) Entrepreneurship Theory and Practice , vol.30 , pp. 299-320
    • Ahlstrom, D.1    Bruton, G.D.2
  • 3
    • 0037279164 scopus 로고    scopus 로고
    • Standing on the shoulders of midgets: The U.S. small business innovation research program (SBIR)
    • Audretsch, D. B. 2003. Standing on the shoulders of midgets: The U. S. small business innovation research program (SBIR). Small Business Economics, 20: 129-135.
    • (2003) Small Business Economics , vol.20 , pp. 129-135
    • Audretsch, D.B.1
  • 6
    • 0001202725 scopus 로고    scopus 로고
    • The economics of small business finance: The roles of private equity and debt markets in the financial growth cycle
    • Berger, A. N., & Udell, G. F. 1998. The economics of small business finance: The roles of private equity and debt markets in the financial growth cycle. Journal of Banking and Finance, 22: 613-673.
    • (1998) Journal of Banking and Finance , vol.22 , pp. 613-673
    • Berger, A.N.1    Udell, G.F.2
  • 7
    • 68949125554 scopus 로고    scopus 로고
    • Which way through the open door? Reflections on the internationalization of Chinese firms
    • Boisot, M., & Meyer, M. W. 2008. Which way through the open door? Reflections on the internationalization of Chinese firms. Management and Organization Review, 4: 349-365.
    • (2008) Management and Organization Review , vol.4 , pp. 349-365
    • Boisot, M.1    Meyer, M.W.2
  • 9
    • 0007083486 scopus 로고
    • A comparison of small business and large corporations: Interrelationships among position statement accounts
    • Carter, R. B., & van Auken, H. E. 1990. A comparison of small business and large corporations: Interrelationships among position statement accounts. Journal of Business and Entrepreneurship, 2: 73-80.
    • (1990) Journal of Business and Entrepreneurship , vol.2 , pp. 73-80
    • Carter, R.B.1    van Auken, H.E.2
  • 10
    • 0842333785 scopus 로고    scopus 로고
    • The financing of business start-ups
    • Cassar, G. 2004. The financing of business start-ups. Journal of Business Venturing, 19: 261-283.
    • (2004) Journal of Business Venturing , vol.19 , pp. 261-283
    • Cassar, G.1
  • 11
    • 20444461207 scopus 로고    scopus 로고
    • Institutions, ownership, and finance: The determinants of profit reinvestment among Chinese firms
    • Cull, R., & Xu, L. C. 2005. Institutions, ownership, and finance: The determinants of profit reinvestment among Chinese firms. Journal of Financial Economics, 77: 117-46.
    • (2005) Journal of Financial Economics , vol.77 , pp. 117-146
    • Cull, R.1    Xu, L.C.2
  • 12
    • 0033472978 scopus 로고    scopus 로고
    • Institutions, financial markets, and firm debt maturity
    • Demirgüç-Kunt, A., & Maksimovic, V. 1999. Institutions, financial markets, and firm debt maturity. Journal of Financial Economics, 54(3): 295-336.
    • (1999) Journal of Financial Economics , vol.54 , Issue.3 , pp. 295-336
    • Demirgüç-Kunt, A.1    Maksimovic, V.2
  • 13
    • 0032348699 scopus 로고    scopus 로고
    • The relational view: Cooperative strategy and sources of interorganizational competitive advantage
    • Dyer, J. H., & Singh, H. 1998. The relational view: Cooperative strategy and sources of interorganizational competitive advantage. Academy of Management Review, 23: 660-679.
    • (1998) Academy of Management Review , vol.23 , pp. 660-679
    • Dyer, J.H.1    Singh, H.2
  • 14
    • 77954540385 scopus 로고    scopus 로고
    • A survey on institutions and new firm entry: How and why do entry rates differ in emerging markets?
    • Estrin, S., & Prevezer, M. 2010. A survey on institutions and new firm entry: How and why do entry rates differ in emerging markets?. Economic Systems, 34(3): 289-308.
    • (2010) Economic Systems , vol.34 , Issue.3 , pp. 289-308
    • Estrin, S.1    Prevezer, M.2
  • 15
    • 78751566551 scopus 로고    scopus 로고
    • The role of informal institutions in corporate governance: Brazil, Russia, India, and China compared
    • Estrin, S., & Prevezer, M. 2011. The role of informal institutions in corporate governance: Brazil, Russia, India, and China compared. Asia Pacific Journal of Management, 28(1): 41-67.
    • (2011) Asia Pacific Journal of Management , vol.28 , pp. 41-67
    • Estrin, S.1    Prevezer, M.2
  • 18
    • 62749104353 scopus 로고    scopus 로고
    • Inside the black box: Bank credit allocation in China's private sector
    • Firth, M., Chen, L., Liu, P., & Wong, S. 2009. Inside the black box: Bank credit allocation in China's private sector. Journal of Banking & Finance, 33: 1144-1155.
    • (2009) Journal of Banking & Finance , vol.33 , pp. 1144-1155
    • Firth, M.1    Chen, L.2    Liu, P.3    Wong, S.4
  • 20
    • 0041670738 scopus 로고    scopus 로고
    • Bridging uncertainty in management consulting: The mechanisms of trust and networked reputation
    • Glückler, J. & Armbrüster, T. 2003. Bridging uncertainty in management consulting: The mechanisms of trust and networked reputation. Organization Studies, 24: 269-297.
    • (2003) Organization Studies , vol.24 , pp. 269-297
    • Glückler, J.1    Armbrüster, T.2
  • 21
    • 50649110453 scopus 로고    scopus 로고
    • Private finance and small & medium-sized enterprises development: Empirical evidence from region
    • Guo, B., & Liu, M. 2002. Private finance and small & medium-sized enterprises development: Empirical evidence from region. Economic Research (in Chinese), 10: 40-46.
    • (2002) Economic Research (in Chinese) , vol.10 , pp. 40-46
    • Guo, B.1    Liu, M.2
  • 22
    • 0001766028 scopus 로고
    • The common structure of statistical models of truncation, sample selection, and limited dependent variables and a simple estimator for such models
    • Heckman, J. 1976. The common structure of statistical models of truncation, sample selection, and limited dependent variables and a simple estimator for such models. Annals of Economic and Social Measurement, 5: 475-492.
    • (1976) Annals of Economic and Social Measurement , vol.5 , pp. 475-492
    • Heckman, J.1
  • 24
    • 0034339386 scopus 로고    scopus 로고
    • The future of business groups in emerging markets: Long run evidence from Chile
    • Khanna, T., & Palepu, K. 2000. The future of business groups in emerging markets: Long run evidence from Chile. Academy of Management Journal, 43: 268-285.
    • (2000) Academy of Management Journal , vol.43 , pp. 268-285
    • Khanna, T.1    Palepu, K.2
  • 25
    • 80255132129 scopus 로고    scopus 로고
    • Relationship-specific investments, social capital, and performance: The case of Korean exporter/foreign buyer relations
    • Kwon, Y. 2011. Relationship-specific investments, social capital, and performance: The case of Korean exporter/foreign buyer relations. Asia Pacific Journal of Management, 28(4): 761-773.
    • (2011) Asia Pacific Journal of Management , vol.28 , pp. 761-773
    • Kwon, Y.1
  • 28
    • 67650669911 scopus 로고    scopus 로고
    • HT impact of networking on bank financing: The case of small and medium-sized enterprises in Vietnam
    • Le, N. T. B., & Nguyen, T. V. 2009. HT impact of networking on bank financing: The case of small and medium-sized enterprises in Vietnam. Entrepreneurship Theory and Practice, 33: 867-887.
    • (2009) Entrepreneurship Theory and Practice , vol.33 , pp. 867-887
    • Le, N.T.B.1    Nguyen, T.V.2
  • 29
    • 33645555624 scopus 로고    scopus 로고
    • Getting bank financing: A study of Vietnamese private firms
    • Le, N., Venkatesh, S., & Nguyen, T. 2006. Getting bank financing: A study of Vietnamese private firms. Asia Pacific Journal of Management, 23: 209-227.
    • (2006) Asia Pacific Journal of Management , vol.23 , pp. 209-227
    • Le, N.1    Venkatesh, S.2    Nguyen, T.3
  • 31
    • 84881368641 scopus 로고    scopus 로고
    • Why do venture capital firms exist: An institution-based rent-seeking perspective and Chinese evidence
    • doi: 10. 1007/s10490-011-9262-8
    • Lu, H., Tan, Y., & Huang, H. 2012. Why do venture capital firms exist: An institution-based rent-seeking perspective and Chinese evidence. Asia Pacific Journal of Management. doi: 10. 1007/s10490-011-9262-8.
    • (2012) Asia Pacific Journal of Management
    • Lu, H.1    Tan, Y.2    Huang, H.3
  • 32
    • 0041031316 scopus 로고    scopus 로고
    • Informal relationships and informal credit in Vietnam
    • McMillan, J., & Woodruff, C. 1999. Informal relationships and informal credit in Vietnam. Quarterly Journal of Economics, 114: 1285-1320.
    • (1999) Quarterly Journal of Economics , vol.114 , pp. 1285-1320
    • McMillan, J.1    Woodruff, C.2
  • 34
    • 47149112422 scopus 로고    scopus 로고
    • Accessed Oct. 6, 2011
    • National Bureau of Statistics of China. 2011. http://www. stats. gov. cn/tjfx/ztfx/sywcj/t20110308_402709044. htm, Accessed Oct. 6, 2011.
    • (2011) National Bureau of Statistics of China
  • 36
    • 33645579929 scopus 로고    scopus 로고
    • Financial sector reform in China and Vietnam: A comparative perspective
    • O'Connor, D. 2000. Financial sector reform in China and Vietnam: A comparative perspective. Comparative Economic Studies, 42: 45-66.
    • (2000) Comparative Economic Studies , vol.42 , pp. 45-66
    • O'Connor, D.1
  • 37
    • 0002932876 scopus 로고    scopus 로고
    • How entrepreneurs create wealth in transition economies
    • Peng, M. W. 2001. How entrepreneurs create wealth in transition economies. Academy of Management Executive, 15: 95-108.
    • (2001) Academy of Management Executive , vol.15 , pp. 95-108
    • Peng, M.W.1
  • 38
    • 0013141557 scopus 로고    scopus 로고
    • Toward an institution-based view of business strategy
    • Peng, M. W. 2002. Toward an institution-based view of business strategy. Asia Pacific Journal of Management, 19(2-3): 251-267.
    • (2002) Asia Pacific Journal of Management , vol.19 , pp. 251-267
    • Peng, M.W.1
  • 39
    • 0030543697 scopus 로고    scopus 로고
    • The growth of the firm in planned economies in transition: Institutions, organizations, and strategic choice
    • Peng, M. W., & Heath, P. 1996. The growth of the firm in planned economies in transition: Institutions, organizations, and strategic choice. Academy of Management Review, 21(2): 492-528.
    • (1996) Academy of Management Review , vol.21 , Issue.2 , pp. 492-528
    • Peng, M.W.1    Heath, P.2
  • 40
    • 0034339578 scopus 로고    scopus 로고
    • Managerial ties and firm performance in a transition economy: The nature of a micro-macro link
    • Peng, M. W., & Luo, Y. 2000. Managerial ties and firm performance in a transition economy: The nature of a micro-macro link. Academy of Management Journal, 43: 486-501.
    • (2000) Academy of Management Journal , vol.43 , pp. 486-501
    • Peng, M.W.1    Luo, Y.2
  • 41
  • 42
    • 84881367440 scopus 로고    scopus 로고
    • Accessed Oct. 6, 2011
    • People's Bank of China. 2010. http://www. pbc. gov. cn/publish/html/2009s03c. htm, Accessed Oct. 6, 2011.
    • (2010) People's Bank of China
  • 43
    • 0036684519 scopus 로고    scopus 로고
    • Do formal contracts and relational governance function as substitutes or complements?
    • Poppo, L., & Zenger, T. 2002. Do formal contracts and relational governance function as substitutes or complements?. Strategic Management Journal, 23: 707-725.
    • (2002) Strategic Management Journal , vol.23 , pp. 707-725
    • Poppo, L.1    Zenger, T.2
  • 46
    • 0242351016 scopus 로고    scopus 로고
    • Organizational coping with institutional upheaval in transition economies
    • Roth, K., & Kostova, T. 2003. Organizational coping with institutional upheaval in transition economies. Journal of World Business, 38: 314-330.
    • (2003) Journal of World Business , vol.38 , pp. 314-330
    • Roth, K.1    Kostova, T.2
  • 47
    • 77949916778 scopus 로고    scopus 로고
    • Does giving lead to getting- evidence from Chinese private enterprises
    • Su, J., & He, J. 2010. Does giving lead to getting- evidence from Chinese private enterprises. Journal of Business Ethics, 93: 73-90.
    • (2010) Journal of Business Ethics , vol.93 , pp. 73-90
    • Su, J.1    He, J.2
  • 48
    • 84881371941 scopus 로고    scopus 로고
    • The enterprise managers' recognition and evaluation of entrepreneurship
    • 188, The Survey System of China's Enterprisers
    • The Survey System of China's Enterprisers. 2009. The enterprise managers' recognition and evaluation of entrepreneurship. Management World, 6: 91-101&188.
    • (2009) Management World , vol.6 , pp. 91-101
  • 50
    • 0003893464 scopus 로고
    • 3rd edn., Homewood, IL: Irwin Publishing
    • Timmons, J. 1993. New venture creation, 3rd ed. Homewood, IL: Irwin Publishing.
    • (1993) New Venture Creation
    • Timmons, J.1
  • 52
    • 0021500315 scopus 로고
    • A model of venture capitalist investment activity
    • Tyebjee, T. T., & Bruno, A. V. 1984. A model of venture capitalist investment activity. Management Science, 30: 1051-1066.
    • (1984) Management Science , vol.30 , pp. 1051-1066
    • Tyebjee, T.T.1    Bruno, A.V.2
  • 53
    • 79960616751 scopus 로고    scopus 로고
    • Institutions and entrepreneurship development: High-technology indigenous firms in China and Taiwan
    • Tzeng, C., Beamish, P., & Chen, S. 2011. Institutions and entrepreneurship development: High-technology indigenous firms in China and Taiwan. Asia Pacific Journal of Management, 28(3): 453-481.
    • (2011) Asia Pacific Journal of Management , vol.28 , Issue.3 , pp. 453-481
    • Tzeng, C.1    Beamish, P.2    Chen, S.3
  • 54
    • 0038846054 scopus 로고
    • Financial strategies of small, public firms: A comparative analysis with small, private firms and large, public firms
    • van Auken, H. E., & Holman T. 1995. Financial strategies of small, public firms: A comparative analysis with small, private firms and large, public firms. Entrepreneurship Theory and Practice, Fall: 29-41.
    • (1995) Entrepreneurship Theory and Practice, Fall , pp. 29-41
    • van Auken, H.E.1    Holman, T.2
  • 55
    • 84877607469 scopus 로고    scopus 로고
    • Managerial ties and firm performance in an emerging economy: Tests of the mediating and moderating effects
    • doi10. 1007/s10490-011-9254-8
    • Wang, G., Jiang, X., Yuan, C.-H., & Yi, Y.-Q. 2011. Managerial ties and firm performance in an emerging economy: Tests of the mediating and moderating effects. Asia Pacific Journal of Management. doi10. 1007/s10490-011-9254-8.
    • (2011) Asia Pacific Journal of Management
    • Wang, G.1    Jiang, X.2    Yuan, C.-H.3    Yi, Y.-Q.4
  • 56
    • 0030300587 scopus 로고    scopus 로고
    • Guanxi: Connections as substitutes for formal institutional support
    • Xin, K., & Pearce, J. 1996. Guanxi: Connections as substitutes for formal institutional support. Academy of Management Journal, 39: 1641-1658.
    • (1996) Academy of Management Journal , vol.39 , pp. 1641-1658
    • Xin, K.1    Pearce, J.2


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.