Since India embarked on a period of reform, the corporate financial structures have depended on the firms' characteristics. For example, new, small, unprofitable, high-risk firms tend to depend more heavily on domestic loans than old, large, profitable, low-risk firms, as the latter can generate...

This paper examines whether the banking sector reforms and equity market development have made any noticeable impact on banks lending behavior and firms corporate financing patterns in the Peoples Republic of China (PRC). Based on data on 1,098 publicly listed firms, it has been found that banks...