As a result, entrepreneurs can receive finance without having to give up as much control as expected by venture capitalists.15 Several legislative changes have been made to facilitate growth in these markets, including by allowing small unlisted public companies to raise crowdsourced equity. Conclusion The provision of external finance to Australian businesses is dominated by the banks.
There may be a variety of reasons why Japanese firms keep saving. For instance, given the volatility of financial markets observed in recent times, firms may prefer to retain liquidity against the backdrop of perceived higher uncertainty in the economy. They may also try to pile up cash as a precaution due to lingering memories of financial crises in the past.