Financial bootstrapping: external financing dependency alternatives for SMEs
نویسندگان
چکیده
منابع مشابه
Financial Development , Endogenous Dependence on External Financing , and Trade ∗
The influential papers on the effect of credit constraints on growth and international trade (Rajan and Zingales, 1998; Manova, 2013) tend to assume that asset tangibility and the share of external borrowing are exogenous industry characteristics, which are timeand country-invariant. In the finance literature, however, the share of external borrowing is viewed as endogenous and dependent on the...
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According to PPI World Bank Database that infrastructure investment in East Asia (China, Indonesia, Philippine, Malaysia, and Thailand) from 1998 to 2005 was stagnant, where infrastructure investment in Indonesia slowed down after financial crises, total investment in 1996 was 7,492.6 million US dollar but in 2000 fell down to 642.3 million US dollar and in 2005 raised on 1,445 million US dolla...
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متن کامل– NOT FOR PUBLICATION – Online Appendix for “ External Equity Financing Shocks , Financial Flows , and Asset Prices ”
This appendix contains tables and figures that supplement the analysis in the paper. Section A presents the asset pricing test results with equity issuance cost shocks constructed using alternative definitions of equity issuance. Section B presents the asset pricing test results with equity issuance cost shocks constructed by taking averages of portfolio-level equity issuance shocks across port...
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ژورنال
عنوان ژورنال: Jurnal Ekonomi dan Bisnis
سال: 2019
ISSN: 2528-0147,1979-6471
DOI: 10.24914/jeb.v22i1.2335