ABSTRACT
In our final, concluding, chapter we provide a summary of the findings of our various authors, setting their work within the wider context of that of other studies on small-firm financial behaviour. In the overall picture, contemporary themes of short-termism, finance gaps, stress on financing structures and financial market innovation, of bankers’ practices and policies towards small firms are common threads. In the context of financial developments, the contributions of this book relate to the dominant triple themes of contemporary finance: liberalisation, securitisation and internationalisation. In academic terms, the models whereby these issues have been illuminated are dominated by contemporary advances in information theory and the analysis of agency relationships between firms and their sources of finance.
