Control Aversion and The Search for External Financing in Swedish SMEs

@article{Berggren2000ControlAA,
  title={Control Aversion and The Search for External Financing in Swedish SMEs},
  author={Bj{\"o}rn Berggren and Christer Olofsson and Lars Silver},
  journal={Small Business Economics},
  year={2000},
  volume={15},
  pages={233-242}
}
The discussion on growth (see Storey, 1997) and control aversion (Cressy, 1995; Chittenden et al., 1996; Cressy and Olofsson, 1996) in small and medium sized firms has been attracting an increasing amount of attention. Our purpose in this article is to identify under what circumstances small and medium sized firms are prepared to accept outside control in the business firm in order to grow. In the article it is argued that technology development, financial strength, size and perceived need to… CONTINUE READING

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