We examine two key questions in this paper: does access to finance have an association with firm level productivity …? And does the fiscal environment have an effect on the relation between access to finance and firm productivity? Our … answers are that restrictions to access to finance leads to lower firm productivity and the fiscal policy environment can …

firms might both intentionally and unintentionally influence the productivity, financing and export performance of local …. Economic theory does not suggest unambiguous answer to a question whether the influence is positive or negative. For answering …

growth. Yet, the linkage between finance and firm-level productivity has been overlooked. We fill this gap in the literature …, productivity is strongly constrained by the availability of internal finance. Furthermore, we find higher sensitivities of … productivity to cash flow for private exporters, but lower sensitivities for foreign exporters. Our results are robust to …

We take a closer look at the links between corporate capital structure and productivity, profitability and access to … capital structure has no significant impact on the firms' profitability or productivity. However, the capital structure is …

firms might both intentionally and unintentionally influence the productivity, financing and export performance of local …. Economic theory does not suggest unambiguous answer to a question whether the influence is positive or negative. For answering … within production chain in the Czech Republic are analyzed. -- foreign direct investment ; productivity ; corporate finance …

We study the relation between firms financial structure, access to external finance and labor productivity using a … to estimate the direct impact of access to finance to firm-level productivity. We find negative and significant effects … estimated loss of around 21% of their labor productivity. In addition, each country would gain on average between one and two …

theory are in line with a number of empirical results, which seem to stay in contrast to existing theories on capital …

analysis provides an explanation for why some firms only use little debt financing. Predictions made by our theory are in line …