The evolution of financial strategies to overcome information asymmetry and liabilities of newness

Amodeni, Olu (2011) The evolution of financial strategies to overcome information asymmetry and liabilities of newness. [Dissertation (University of Nottingham only)] (Unpublished)

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Abstract

How do financial strategies of entrepreneurial ventures evolve to overcome the asymmetrical distribution of information and mitigate risks associated with liabilities of newness?

The research sets out primarily to investigate how financial strategies evolve over the course of entrepreneurial venture growth; in particular investigate what financial strategies are used to mitigate challenges that arise as a result of legitimacy and information asymmetry, using a grounded theory qualitative approach.

As prescribed by the research methodology, nine entrepreneurial ventures were interviewed and extant literature on entrepreneurship was reviewed. At the end the research, the results arrived at, from the review of literature and survey clearly evidences the evolution of financial strategies in entrepreneurial ventures. This evolution enables the entrepreneurial ventures overcome issues that arise from the asymmetrical distribution of information and liabilities of newness.

It is thus posited that financial strategies of entrepreneurial ventures evolve. The evolution is primarily allows the entrepreneurial ventures access to sources of finance earlier impeded because of the asymmetrical distribution of information and the liabilities of newness.

Item Type: Dissertation (University of Nottingham only)
Depositing User: EP, Services
Date Deposited: 30 Apr 2012 08:16
Last Modified: 22 Oct 2016 12:40
URI: http://eprints.nottingham.ac.uk/id/eprint/24845

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