The aims of this paper are, first, to construct a consistent comparative set of data on the sources of finance for investment over the period 1970–94 for the United Kingdom, the United States, Germany and Japan, and, second, to challenge conventional views of the international differences in...

The main aims of this paper are, first, to construct a consistent comparative set of data on the sources of finance for investment over the period 1970--89 for Germany, Japan, the United Kingdom and the United States and second, to challenge some conventional views of the international...

Hackethal and Schmidt (2003) criticize a large body of literature on the financing of corporate sectors in different countries that questions some of the distinctions conventionally drawn between financial systems. Their criticism is directed against the use of net flows of finance and they...