empirical tests, motivated by a simple theory, demonstrate that low-liquidity firms amplified its transmission. …

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 …

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 …

We measure aggregate productivity loss due to credit market constraints in a model with endogenous borrowing … Bond Security Data and balance sheet data from Compustat. Credit market constraints increase aggregate productivity by 0 … payouts, resulting in an overall productivity loss equal to 1.6% …

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

This paper studies the relation between firms' access to finance, labor productivity and investment using Lithuanian … characteristics, removing these constraints can improve average productivity and investment of firms in Lithuania by 0.51 percent and …