Law and firms' access to finance / Thorsten Beck, Asli Demirguc-Kunt, Ross Levine
"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...
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| Główni autorzy: | Beck, Thorsten, 1967- |
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| organizacja autorów: | National Bureau of Economic Research |
| Kolejni autorzy: | Demirgüç-Kunt, Asli, 1961- Levine, Ross, 1960- |
| Format: | Online-Resource |
| Język: | English |
| Wydane: | Cambridge, MA : National Bureau of Economic Research, 2004 |
| Seria: | NBER working paper series
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| Hasła przedmiotowe: | |
| Dostęp online: | URL des Erstveröffentlichers |
| Streszczenie: | "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 |
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| Deskrypcja: | 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 |
| Opis fizyczny: | 1 Online-Ressource (35 Seiten) |
