Financing Patterns around the World : The Role of Institutions

Financing Patterns around the World : The Role of Institutions

Using a firm-level survey database covering 48 countries, the authors investigate whether differences in financial and legal development affect the way firms finance their investments. The results indicate that external financing of investments is...

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Bibliographic Details
Main Authors: Beck, Thorsten, Demirguc-Kunt, Asli, Maksimovic, Vojislav
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2014
Subjects:
FINANCIAL INSTITUTIONS
FINANCIAL DEVELOPMENT
SMALL & MEDIUM SCALE ENTERPRISES
EXTERNAL FINANCE
DEBT FINANCING
EQUITY FINANCE
SUPPLIERS' CREDITS
LEASING ARRANGEMENTS
LEGAL FRAMEWORK
COMMON LAW
CIVIL LAW
FINANCIAL SYSTEMS
FIRM SIZE
ACCESS TO CREDIT ACCESS TO FINANCING
ADVERSE SELECTION
ADVERSE SELECTION COSTS
BANK LOANS
BANKING SYSTEM
BANKING SYSTEMS
BANKRUPTCY
BANKS
BENCHMARK
CAPITAL MARKETS
CAPITALIZATION
CITIZENS
COMMERCIAL BANKS
COMPARATIVE ADVANTAGE
CORPORATE FINANCE
CORPORATE GOVERNANCE
COUNTRY COMPARISONS
COURT SYSTEM
DEBT
DEVELOPMENT BANKS
EMPLOYMENT
EQUITY MARKETS
FINANCIAL MARKETS
FINANCIAL PLANNING
FINANCIAL SERVICES
FINANCIAL STATEMENTS
FINANCIAL SYSTEM
FINANCING CONSTRAINTS
FINANCING SOURCES
FOREIGN BANKS
GDP
GDP PER CAPITA
GROWTH RATE
INFLATION
INFLATION RATE
INSTITUTIONAL DEVELOPMENT
INSTITUTIONAL VARIABLES
INTERNATIONAL FINANCIAL MARKETS
LAWS
LEASING
LEGAL INSTITUTIONS
LEGAL PROTECTION
LEGAL SYSTEM
LEGAL SYSTEMS
LESS DEVELOPED COUNTRIES
LOCAL AUTHORITIES
MARGINAL COSTS
PER CAPITA INCOME
POLITICAL INSTITUTIONS
PROPERTY RIGHTS
PUBLIC SECTOR
RETAINED EARNINGS
TRANSITION ECONOMIES
ACCESS TO CREDIT
ACCESS TO FINANCING
Online Access:http://documents.worldbank.org/curated/en/2002/10/2038228/financing-patterns-around-world-role-institutions
http://hdl.handle.net/10986/19214

Internet

http://documents.worldbank.org/curated/en/2002/10/2038228/financing-patterns-around-world-role-institutions
http://hdl.handle.net/10986/19214

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