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importance of financial constraints reveals that access to bank financing and profitability are not significantly related to … financing for market competition and risk management in credit constrained firms. "--World Bank web site …
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regulatory authority had been in place at the start of the market. "--World Bank web site …
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array of robustness checks, including using different indices of corruption, different controls, and robust estimation … techniques. "--World Bank web site …
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a larger effort in the network to document the state of the sector"--World Bank web site …
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"The authors study the effect of reorganization costs on the efficiency of bankruptcy laws. They develop a simple model … that predicts that in a regime with high costs, the law fails to achieve the efficient outcome of liquidating unviable … lowering reorganization costs, the reform improved the selection of viable firms into reorganization. In this sense, the new …
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. "--World Bank web site …
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