Chapter 10. Financing in Developing Countries

This chapter reviews and synthesizes theoretical and empirical research on the role of finance in developing countries. First, the paper presents the stylized facts about firms in developing nations as well as the legal, financial, and broader institutional framework in which these firms operate. Next, the paper focuses on the financing choices available to small and medium firms in developing countries and highlights areas needing additional research.

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Year of publication:	2013
Authors:	Ayyagari, Meghana ; Demirguc-Kunt, Asli ; Maksimovic, Vojislav
Published in:	Corporate finance. - Amsterdam : North-Holland, Elsevier, ISBN 0-444-53594-2. - 2013, p. 683-757
Subject:	Financial development \| Banks \| Markets \| Corporate finance \| Growth \| SMEs \| Unternehmensfinanzierung \| Entwicklungsländer \| Developing countries \| KMU \| SME \| Finanzsektor \| Financial sector \| Bank \| Finanzmarkt \| Financial market \| Unternehmenswachstum \| Firm growth

Type of publication:	Article
Language:	English
Other identifiers:	10.1016/B978-0-44-453594-8.00010-0 [DOI]
Classification:	G00 - Financial Economics. General ; G3 - Corporate Finance and Governance
Source:	ECONIS - Online Catalogue of the ZBW

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