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Beck, Thorsten - 2005

This paper explores the relationship between the relative size of the Small and Medium Enterprise (SME) sector, economic growth, and poverty alleviation using a new database on the share of SME labor in the total manufacturing labor force. Using a sample of 45 countries, we find a strong,...

Persistent link: https://www.econbiz.de/10012467461

Law and Firms' Access to Finance

Beck, Thorsten - 2004

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...

Persistent link: https://www.econbiz.de/10012468004

Bank Supervision and Corporate Finance

Beck, Thorsten - 2003

We examine the impact of bank supervision on the financing obstacles faced by almost 5,000 corporations across 49 … greater financing obstacles. Moreover, powerful official supervision tends to increase firm reliance on special connections … monitoring tend to ease the financing obstacles faced by firms …

Persistent link: https://www.econbiz.de/10012469078