Question: Why are large, publiclylisted companies much more likely than small businesses to sell financial instruments such as bonds directly to the market, while small businesses

Why are large, publiclylisted companies much more likely than small businesses to sell financial instruments such as bonds directly to the market, while small businesses get their financing from financial institutions such as banks?

Step by Step Solution

3.44 Rating (170 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Information costs associated with small businesses are higher than those ... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

343-B-B-F-M (224).docx

120 KBs Word File

Students Have Also Explored These Related Banking Questions!