According to EVA's annual attitude and value survey, two out of three Finns believe that globalization means loosing increasing amounts of jobs to low-cost-countries. However, 70 percent of the respondents think that their job is not easily transferrable and only 8 % are afraid that their own...

In this paper we study the relation between firm-level disclosure quality and the availability of external finance to firms. Using data on Finnish firms that are mostly private and small, we first estimate ‘excess growth’ made possible by external finance. We then show that the excess growth...