Table of Contents

1. Introduction Roger Buckland and Edward W. Davis 2. Market Failures in the Provision of Finance and in Business services for Small and Medium-Sized Enterprises Tony Bovaird, Les Hems and Mike Tricker 3. Bank Finance for Growing Small Businesses Martin R. Binks and Christine T. Ennew 4. Small Firms and Bank Borrowing in the UK: Issues and Evidence Kevin Keasey and Robert Watson 5. The Role of Informal Venture Capital in Financing the Growing Firm Richard T. Harrison annd Colin M. Mason 6. Third-Party Equity – The Role of the UK Venture-Capital Industry Gordon Murray 7. The Stock Exchange and the Unlisted Securities Market Edward W. Davis 8. Characteristics of Small Firms Floated on the USM 1980-83: An Inter-Temporal Study Graham Hall and Patrick Hutchinson 9. Debt Targeting and Banking Relationships in the Financial Behaviour of Newly Quoted Firms in the UK Roger Buckland and Edward W. Davis 10. Efficient Pricing of the IPOs Roger Buckland 11. Socks, Bubbles and Crashes: A Financial Analysis of the Sock Shop Anthony Steele 12. Second-Tier Markets in Europe: New Markets For Growing Firms’ Equities Mario Anolli, Roger Buckland and Michel Dubois 13. The Development of Financial Strategy and Accountability Around Quotation Roger Buckland and Edward W. Davis 14. Conclusion Roger Buckland and Edward W. Davis