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Access to finance is a prerequisite for economic development. Existing studies measure access by the use of finance. We develop a direct measurement for access to finance from the Business Environment and Enterprise Performance Survey 2005 data. We determine whether a firm without a loan does...
Persistent link: https://www.econbiz.de/10010301465
This paper examines the effects of political agreements on regional financial integration (RFI) on financial market development and access to and cost of finance in Sub-Saharan Africa. Our results suggest that RFI positively affects financial development - measured very broadly as the size of...
Persistent link: https://www.econbiz.de/10010305648
Due to changing procurement policies and procurement markets, suppliers increasingly face evaluation of their holistic supplier performance. In this context, the assessment of financial strength is increasingly emphasized. Hence, (potential) suppliers are required to prove their financial...
Persistent link: https://www.econbiz.de/10011920366