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enterprises (SMEs) around the world. They find that banks perceive the SME segment to be highly profitable, but perceive … have set up dedicated departments and decentralized the sale of products to the branches. However, loan approval, risk …
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"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...
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