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  1. 1. The Low Leverage Decisions of Knowledge based Firms - An empirical study of the impact of employees' risk preferences on the firm's capital structure decisions

    University essay from Göteborgs universitet/Företagsekonomiska institutionen

    Author : Rebecka Arén; Tilda Wikström; [2014-07-02]
    Keywords : Knowledge-based; human capital; capital structure; low leverage; partnership; dividends; stakeholder co-investment;

    Abstract : A distinctive trait of knowledge-based companies is their dependency on the competence and contribution of their employees. They are commonly structured as partnership firms and tend to have a low amount of tangible assets and virtually no debt. READ MORE