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Why does a country's legal origin influence its firms' access to finance? Using data from over 4,000 firms in 38 … external finance than firms in common law countries. Next, their results indicate that French legal origin countries tend to … firms face in contracting for external finance than the political independence of the judiciary. So, they distinguish among …
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to finance has become an important issue for policymakers in Latin America. Small and medium enterprises (SMEs), in …
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Microcredit programs in Bangladesh have experienced spectacular growth in recent years, with a growing number of borrowers availing credit from multiple microcredit agencies. There is a growing concern that if there are not sufficient returns to borrowing from microfinance institutions (MFIS),...
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The issue of "an appropriate" legal framework, especially in the case of the takeover market, has been poorly studied in the case of emerging markets, yet it is of immediate relevance and practical policymaker interest. The study makes a first attempt to analyze takeover regulations in a...
Persistent link: https://www.econbiz.de/10012553849
The authors examine how well several institutional and firm-level factors and their interactions explain firms' perceptions of property rights protection. Their sample includes private and public firms that vary in size from very small to large in 62 countries. Together, the institutional...
Persistent link: https://www.econbiz.de/10012554260