Showing 1 - 10 of 39,195
Persistent link: https://www.econbiz.de/10001621044
This study investigates whether fluctuations in credit supply in a macroeconomy and a relational bank's financial … effects of credit market tightness are more evident for small firms. Examining firm-bank matched data, we also find that … suggesting that a bank's financial weakness places the leverage of relationship firms into a suboptimal level for a long period …
Persistent link: https://www.econbiz.de/10012890523
Persistent link: https://www.econbiz.de/10000895082
Persistent link: https://www.econbiz.de/10012034457
Persistent link: https://www.econbiz.de/10010336541
Persistent link: https://www.econbiz.de/10001485012
Persistent link: https://www.econbiz.de/10009626018
Persistent link: https://www.econbiz.de/10009763956
Using Dutch data we empirically investigate how financing and innovation vary across firm characteristics. We find that when firms face financial constraints, debt financing and innovation choices are not independent of firm characteristics, and R&D slows down. In the absence of financial...
Persistent link: https://www.econbiz.de/10010249680