Academic journal article Journal of Business and Entrepreneurship

Letter from the Dedicated Issue Editor

Academic journal article Journal of Business and Entrepreneurship

Letter from the Dedicated Issue Editor

Article excerpt

Thank you for your loyalty to the Journal of Business & Entrepreneur s hip. This issue is devoted to finance papers that were presented in the entrepreneurship track at the 57th annual meeting of the Midwest Finance Association in San Antonio, Texas (February 27th through March 1st, 2008)!

I hope that you find these papers to be informative and thought provoking. Regardless of your academic discipline or particular interest, I believe that you will find something unsettling about the results presented in this issue. Perhaps this will stimulate your research to explain what is left unexplained by this group of papers.

This issue contains six articles that investigate a broad range of theoretical and empirical of small business finance topics. The article by Prather, Benco, Topuz, and Romer extends the survey literature on the use of capital budgeting techniques to ascertain the level of formality used by small firms to make capital budgeting decisions. Unfortunately, results suggest that respondents use less formal methods than suggested by business schools. The article by Churyk and Johnson extends capital budgeting analysis under uncertainty by investigating the cost of capital. …

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