Copyright 2010 Pearson Addison-Wesley. All rights reserved.Chapter 8An Economic Analysis of Financial StructureCopyright 2010 Pearson Addison-Wesley. All rights reserved.8- 2Sources of External Finance in U.SCopyright 2010 Pearson Addison-Wesley. All rights reserved.8- 3FIGURE 1 Sources of External Funds for Nonfinancial Businesses: A Comparison of the United States with Germany, Japan, and CanadaSource: Andreas Hackethal and Reinhard H. Schmidt, “Financing Patterns: Measurement Concepts and Emp
