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Nonfinancial companies as large shareholders alleviate financial constraints of Brazilian firm

Crisóstomo, Vicente Lima; López Iturriaga, Felix J.; … - In: Emerging markets review 18 (2014), pp. 62-77

Persistent link: https://www.econbiz.de/10010417533

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Financial constraints for innovation in Brazil

Crisóstomo, Vicente Lima; López-Iturriaga, Félix Javier - In: Latin American business review : journal of the … 12 (2011) 3, pp. 165-185

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Nonfinancial companies as large shareholders alleviate financial constraints of Brazilian firm

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...

Persistent link: https://www.econbiz.de/10011056981