Lensink, Robert; Molen, Remco van der; Gangopadhyay, … - In: Journal of Development Studies 40 (2003) 2, pp. 93-119
We examine the effect of business group affiliation on corporate investment behaviour in India. More specifically, we test whether group affiliation reduces financing constraints for the affiliated firms. We use a data set containing 694 listed Indian companies for the 1989-97 period. We...