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Short-term debt exposes firms to credit supply shocks and liquidity risk. Short-term debt can also reduce potential agency conflicts between managers and shareholders by exposing managers to more frequent monitoring by the market. This paper examines whether internal monitoring through...
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governments, but not better functioning financial systems. Regulation becomes more pro-banker where this happens more often …-executive position at a bank in the future, politicians provide for beneficial regulation. "--World Bank web site …
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for about 11 percent of firms and are more prevalent in countries with better rule of law, gender equality, and stronger … related to gender equality, it is smaller where there isless emphasis on personal networks (better rule of law, lower trade …
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Is there a mindset gap holding women back in business? Can entrepreneurship training instill a set of attitudes, behaviors, and strategies that are thought to underpin success in business such as motivation, perseverance, and self-confidence? This study conducted two randomized controlled trials...
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