Search Results - subject:": Financial constraints"

Main Bank Power, Switching Costs, and Firm Performance: Theory and Evidence from Ukraine

STEPHAN, ANDREAS; TSAPIN, ANDRIY; TALAVERA, OLEKSANDR - Internationella Handelshögskolan, Högskolan i Jönköping - 2011

We examine firms’ motivation to change their main bank and how this switch affects loans, interest payments, and firm performance. Applying treatment effect analysis to unique firm-bank matched Ukrainian data, we find that larger and more highly leveraged companies are more likely to switch...

Persistent link: https://www.econbiz.de/10009295330

Growth potential – financial constraints

Pomykalski, Przemyslaw - In: Acta Universitatis Nicolai Copernici, Ekonomia 42 (2011), pp. 119-128

significance of financial constraints in growth potential management. Some of the changes may have a short-term effect and will …

Persistent link: https://www.econbiz.de/10010610826

Financing availability and investment decisions of Slovenian farms during the transition to a market economy

Bojnec, Štefan; Latruffe, Laure - In: Journal of Applied Economics XIV (2011) November, pp. 297-317

alleviation of financial constraints. …

Persistent link: https://www.econbiz.de/10010616594

An Analysis of Risk-Taking Behavior for Public Defined Benefit Pension Plans

Mohan, Nancy; Zhang, Ting - W.E. Upjohn Institute for Employment Research - 2011

hypothesis. Furthermore, pension funds in states facing financial constraints allocate more assets to equity and have higher …

Persistent link: https://www.econbiz.de/10010567196

The organization of Eastern merchant empires

Rei, Claudia - In: Explorations in Economic History 48 (2011) 1, pp. 116-135

In the sixteenth century, European countries engaged in long-distance trade with the East. Despite sharing the same objectives and technology, Portugal opted for a crown monopoly, England, the Netherlands, and Sweden franchised trade to private merchants, whereas in Denmark and France, king and...

Persistent link: https://www.econbiz.de/10008865597

R&D investment and financing constraints of small and medium-sized firms

Czarnitzki, Dirk; Hottenrott, Hanna - In: Small Business Economics 36 (2011) 1, pp. 65-83

Persistent link: https://www.econbiz.de/10008776735

Financing constraints in nonprofit organisations: A 'Tirolean' approach

Jegers, Marc - In: Journal of Corporate Finance 17 (2011) 3, pp. 640-648

Tirole (2006), is developed in order to understand the existence of financial constraints in nonprofit organisations and … their relationship with the presence of agency problems. Financial constraints can be expected to arise when there are no … expected financial constraints, more agency problems are shown to go together with higher debt levels. Extending watchdog …

Persistent link: https://www.econbiz.de/10009018677

Investment-cash flow sensitivity cannot be a good measure of financial constraints : evidence from the time series

Chen, Huafeng Jason; Chen, Shaojun - In: Journal of financial economics 103 (2012) 2, pp. 393-410

Persistent link: https://www.econbiz.de/10009501362

Entrepreneurship in post-conflict transition : the role of informality and access to finance

Demirgüç-Kunt, Asli; Klapper, Leora; Panos, Georgios A. - In: The economics of transition 19 (2011) 1, pp. 27-78

Persistent link: https://www.econbiz.de/10008909060

Investment and Credit Constraints in Transition Economies: Micro Evidence from Poland, the Czech Republic, Bulgaria and Romania

Konings, Jozef; Rizov, Marian; Vandenbussche, Hylke - 2002

In this paper we investigate to what extent firm investment in transition countries is sensitive to internal finance. We use accounts data of over 4000 companies in four countries at different stages of transition. We find that firms in Bulgaria and Romania are less sensitive to internal...

Persistent link: https://www.econbiz.de/10010313248