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Financial Pecking Order and the Value Platform of Intellectual Capital
This study analyzes the question how the intellectual capital of a company affects its financial capital structure. To this end, the authors consecutively apply the methods of factor and regression analyses on a sample of 65 small and medium sized Finnish biotechnology companies.
Link
http://econpapers.repec.org/scripts/redir.pl?u=http%3A%2F%2Fwww.etla.fi%2Ffiles%2F1074_Dp926.pdf;h=repec:rif:dpaper:926