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of bank competition on firms' access to finance. They find that low competition, as measured by high values of the Lerner … index, diminishes firms' access to finance, while commonly-used bank concentration measures are not robust predictors of … firms' access to finance. In addition, they find that the impact of competition on access to finance depends on the …
Persistent link: https://www.econbiz.de/10011395448
Persistent link: https://www.econbiz.de/10011380325
Persistent link: https://www.econbiz.de/10009613415
In this paper we study the relationship between firm age, the use of external finance and new investment decisions, in … results highlight the important role that the business environment can play in supporting wider access to external finance and …
Persistent link: https://www.econbiz.de/10013115696
of bank competition on firms' access to finance. We find that low competition, as measured by high values of the Lerner … index, diminishes firms' access to finance, while commonly-used bank concentration measures are not robust predictors of … firms' access to finance. In addition, the impact of competition on access to finance depends on the environment that banks …
Persistent link: https://www.econbiz.de/10013090242
of bank competition on firms' access to finance. They find that low competition, as measured by high values of the Lerner … index, diminishes firms' access to finance, while commonly-used bank concentration measures are not robust predictors of … firms' access to finance. In addition, they find that the impact of competition on access to finance depends on the …
Persistent link: https://www.econbiz.de/10012557045