institutions as well as deepening capital markets in developing countries to improve financing conditions and investment outcomes. … listing on a developed stock exchange shifts the capital structure towards more equity financing, and it increases the firmâ …

-term oriented, with high implicit capital, and low risk (thanks to the law of large numbers). Trading is transactions …-based: scalable, shortterm, capital constrained, and with the ability to generate risk from concentrated positions. When a bank … engages in trading, it can use its ‘spare’ capital to profitablity expand the scale of trading. However, there are two …

buffers. They also expanded abroad while the pace of corporate investment moderated. Regarding the latter, model estimates on … aggregate corporate investment over the post bubble period show that expectation about future profitability, in particular …

This paper studies the relation between firms' access to finance, labor productivity and investment using Lithuanian … characteristics, removing these constraints can improve average productivity and investment of firms in Lithuania by 0.51 percent and …