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Law and Firms' Access to Finance / Thorsten Beck, Aslı Demirgüç-Kunt, Ross Levine.
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Author/Creator:
- Beck, Thorsten, author.
- Demirgüç-Kunt, Aslı, author.
- Levine, Ross, author.
- Series:
- Policy research working papers ; 3194.
- Policy research working papers ; 3194
- Language:
- English
- Subjects (All):
- Civil law--Philosophy.
- Civil law.
- Physical Description:
- 1 online resource (43 pages) : illustrations.
- Place of Publication:
- Washington, D.C. : World Bank, 2004.
- Summary:
- "This paper contributes to the literature on how a country's legal origin influences the operation of its financial system by using firm-level survey data on the obstacles that firms face in raising external finance. The paper assesses two channels through which legal origin may influence the financial system. It finds that the adaptability of a country's legal system is more important for explaining the obstacles that firms face in accessing external finance than the political independence of the judiciary"--National Bureau of Economic Research web site.
- Notes:
- Description based on publisher supplied metadata and other sources.
- Publisher Number:
- 10.1596/1813-9450-3194
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