A financial comparison between Korean and U.S. firms: a cross balance sheet canonical correlation analysis.: An article from: Journal of Small Business Management

This digital document is an article from Journal of Small Business Management, published by International Council of Small Business on July 1, 1993. The length of the article is 4593 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: The cross balance sheet relationships of Korean firms were examined and compared to similar studies in US firms. Korean firms are found to invest a larger portion of their funds in long-term assets which is mainly composed of cash due to greater liquidity needs. Unlike US firms, Korean firms' current debt and equity accounts are larger, reflecting their dependence on short-term debts for capital. The financial strategy employed by Korea is an adaptation to difficulties in their economic conditions.

Citation Details
Title: A financial comparison between Korean and U.S. firms: a cross balance sheet canonical correlation analysis.
Author: Howard E. Van Auken
Publication:Journal of Small Business Management (Refereed)
Date: July 1, 1993
Publisher: International Council of Small Business
Volume: v31 Issue: n3 Page: p73(11)

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