Financing Growth
New Issues by Australian Firms, 1920–1939
Bibliographic Data
| ID | 9629623 |
|---|---|
| Authors | David Merrett (0000-0003-0904-0474, The University of Melbourne, corresponding author), David T Merrett, Ville (0000-0001-8314-6002, University of Wollongong), Simon Ville |
| Year | 2009 |
| Volume | 83 |
| Issue | 3 |
| Pages | 563-589 |
| Publication date | 2009-01-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | The Business History Review (JOURNAL) |
| Journal identifiers | ISSN: 0007-6805 • E-ISSN: 2044-768X |
| Publisher | Cambridge University Press (CUP) (PUBLISHER) |
| DOI | 10.1017/s0007680500003007 |
| OpenAlex | W2006057523 |
| Language | EN |
| Citations received | 9 |
| References cited | 38 |
An expanding economy, new technologies, and changing consumer preferences provided growth opportunities for firms in interwar Australia. This period saw an increase in the number of large-scale firms in mining, manufacturing, and a wide range of service industries. Firms unable to rely solely on retained earnings to fund expansion turned to the domestic stock exchanges. A new data set of capital raisings constructed from reports of prospectuses published in the financial press forms the basis for the conclusion that many firms used substantial injections of equity finance to augment internally generated sources of funds. That they were able to do so indicates a strong increase in the capacity of local stock exchanges and a greater willingness of individuals to hold part of their wealthin transferable securities
Business · Dividend · Earnings · Economics · Equity (law · Equity financing · Financial services · Prospectus · Retained earnings · Stock (firearms · Stock exchange · Australian History and Society · Finance · Historical Economic and Social Studies · New Zealand Economic and Social Studies
Managerial ownership and firm performance in interwar Australia
Firm Performance and Market Behaviour
A History of A ustralian Corporate Bonds
The Cambridge Economic History of Australia
Equity issues and other capital actions by publicly listed companies in Finland, 1912–1981
Investing in a Wealthy Resource-Based Colonial Economy
The drivers of firm longevity
Share ownership and the introduction of no liability legislation in nineteenth-century Australia
Being unbusinesslike. Financing strategy at the Great Exhibition
Insider Lending
Multinational enterprises and the global economy
The Visible Hand
Capital Markets and Capital Formation in Australia 1890–1945
Capital Markets and Capital Formation in Australia, 1945–1990
The Big End of Town
Recovery from the Depression
Investment in Australian Economic Development, 1861–1900
The New Issue Market and the Finance of Industry
The Australian dictionary of biography
Pioneering Modern Corporate Governance
The New Issue Market and the Finance of Industry
The Rise of the Corporate Economy
A Study of the Capital Market in Post-War Britain
The Commonwealth Bank of Australia
Money and Banking in the U.K
Sugar and Copper
Living with the U.S. Financial System
Industrial Finance, 1830-1914. The Finance and Organization of English Manufacturing Industry
The Development of Large Scale Enterprise in Australia, 1910–64
The Unsatisfied Fringe in Britain, 1930s–80s
Australian Domestic Product, Investment and Foreign Borrowing, 1861-1938/9
The Free-Standing Company, 1870-1914
The Rise of the Corporate Economy
Capitalism in a Mature Economy
Investment in Australian Economic Development, 1861-1900
| Unique citing works | 9 |
|---|---|
| Citations per year | 0,69 |
| Citation span | 2013 - 2026 (14) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 9 |