Didier, Tatiana; Levine, Ross; Llovet Montanes, Ruth; … - 2020
This paper studies whether there is a connection between finance and growth at the firm level. It employs a new dataset … intangible capital and the number of employees. Growth accelerates as firms raise funds. Second, the faster growth is more …. Third, capital market issuances are associated with faster growth among firms located in countries with more developed …