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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...
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the international comparisons, the price formation of the food chain, degree of concentration, competition, and the …, competition works in Finland just as well in agriculture, the foodstuffs industry and the wholesale and retail trade as it does in … from the standpoint of competition and consumer choice; the position of small producers can best be improved by fostering …
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