This research titled "Analysis of Influence of Credit and Interest Rate Increase Economic Growth in Disability Sumatera … determine the influence of credit and interest rate of economic growth in 1989-2008 of North Sumatra. This research uses … that the higher credit demand, then economic growth will increase. Meanwhile, the higher the interest rate, then economic …

expensive overdraft and supplier credit are frequently used for investment purposes. Yet alternative financing capital such as …

test an idea from relational contracting theory that informal relationships can substitute for formal enforcement through … the judicial system. Inter-firm trust is measured as the amount of trade credit offered to customers. The results show … that suppliers are more likely to offer trade credit when they believe in the effectiveness of formal contract enforcement …

ökonomischen wie auch nicht-ökonomischen Modelle wird die mikroökonomische Theorie der Insitutionenökonomik, hier insbesondere des … surveying the transaction cost theory.// With alteration of mass production of standardised products into assembly of highly …

I provide new evidence on the failure of the Q-theory. The Q-theory implies the state-by-state equivalence of stock and … the Q-theory. This paper also proposes a rational explanation for this finding. A general equilibrium model with … interpreted as evidence for irrational markets since it cannot be reconciled with the Q-theory of investment. …

A firm seeks to raise capital in credit markets to fund risky operating activities. The firm has private information …