The capital needed to finance the leisure endeavors is an issue that is paramount to our society. The economy has shifted toward a leisure base. The understanding of the capital structure is important because it is somewhat different. It is based more upon a discretionary decision of the consumer.
Peake, Charles F.
"Financing the Leisure Industry: Determinants of Capital Structure,"
Visions in Leisure and Business: Vol. 6
, Article 2.
Available at: https://scholarworks.bgsu.edu/visions/vol6/iss3/2