Showing 1 - 10 of 1,155
) Courts intervene in politics, including public finance. Specifically, this paper seeks to investigate empirically whether …
Persistent link: https://www.econbiz.de/10011287742
Persistent link: https://www.econbiz.de/10003887660
limitations perception-based indicators or approximations of access to finance by the usage of finance are often used …, disregarding firm-specific differences in the demand for external finance. Using unique firm-level survey data, which provide … for future survey design. -- access to finance ; usage of finance ; credit demand, perceived access to finance …
Persistent link: https://www.econbiz.de/10009728261
Persistent link: https://www.econbiz.de/10009667350
We analyze linked databases on all Small Business Administration (SBA) loans, on all SBA lenders, and on all U.S. employers to estimate the effects of financial access on employment growth. Our methods combine regressions with matching on firm age, size, industry, year, and employment history,...
Persistent link: https://www.econbiz.de/10011309136
Persistent link: https://www.econbiz.de/10010218738
Current theoretical and empirical research suggests that small banks have a comparative advantage in processing soft information and delivering relationship lending. The most comprehensive analysis of this view found using U.S. data that smaller SMEs borrow from smaller banks and smaller banks...
Persistent link: https://www.econbiz.de/10003449934
Persistent link: https://www.econbiz.de/10003371660
Persistent link: https://www.econbiz.de/10011969097
Drawing on social exchange theory, this study uses data on China’s Shanghai and Shenzhen A-share listed companies from 2009 to 2016 to examine why zombie enterprises are "stiff but deathless." We find that these enterprises are able to "linger breathlessly" due to government support in the...
Persistent link: https://www.econbiz.de/10011845069