Law and firms' access to finance:

"This paper contributes to the literature on how a country's legal origin influences the operation of its financial system by using firm-level survey data on the obstacles that firms face in raising external finance. The paper assesses two channels through which legal origin may influence...

Ausführliche Beschreibung

Gespeichert in:
Bibliographische Detailangaben
Hauptverfasser: Beck, Thorsten 1967- (VerfasserIn), Demirgüç-Kunt, Asli 1961- (VerfasserIn), Levine, Ross 1960- (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Cambridge, MA National Bureau of Economic Research 2004
Schriftenreihe:NBER working paper series working paper 10687
Schlagworte:
Online-Zugang:URL des Erstveröffentlichers
Zusammenfassung:"This paper contributes to the literature on how a country's legal origin influences the operation of its financial system by using firm-level survey data on the obstacles that firms face in raising external finance. The paper assesses two channels through which legal origin may influence the financial system. It finds that the adaptability of a country's legal system is more important for explaining the obstacles that firms face in accessing external finance than the political independence of the judiciary"--National Bureau of Economic Research web site
Beschreibung:Includes bibliographical references. - Title from PDF file as viewed on 1/10/2005
Erscheinungsjahr in Vorlageform:c2004
Weitere Ausgabe: Beck, Thorsten : Law and firms' access to finance
Beschreibung:1 Online-Ressource (35 Seiten)