Crisóstomo, Vicente Lima; López-Iturriaga, Félix Javier - In: Emerging Markets Review 18 (2014) C, pp. 62-77
We analyze whether financial constraints of Brazilian firms are alleviated by ownership structure. More specifically, we study whether the presence of nonfinancial firms as shareholders of Brazilian firm mitigates financial constraints. We find that the presence of nonfinancial firms as...