Search Results - subject:"Financial constraints"

Cambios en la posición de mercado de las empresas Colombianas

Hassan, Andrés Ramirez; Peláez, Santiago García; … - UNIVERSIDAD EAFIT - 2011

Resumen:En este trabajo se hace una investigación empírica sobre los cambios en la posición de mercado de las empresas colombianas, según la Matriz Crecimiento- Participación desarrollada por la firma Boston Consulting Group. Para ello se utilizan datos de la Superintendencia de Sociedades...

Persistent link: https://www.econbiz.de/10010762837

Restricciones financieras para la innovación en la industria manufacturera colombiana

Alejandro Becerra F. - In: COYUNTURA ECONÓMICA (2011)

Este trabajo analiza uno de los principales obstáculos que enfrentan las empresas colombianas a la hora de realizar inversiones enactividades de innovación. Los resultados señalan que las imperfecciones en los mercados de capitales generan que las inversiones enactividades de innovación en...

Persistent link: https://www.econbiz.de/10010945955

Does the regional dimension matter as regards finance and entrepreneurship?

Bonnet, Jean; Cieply, Sylvie; Dejardin, Marcus - Centre de Recherche en Économie et Management (CREM) - 2011

influence financial constraints on new firms and (3) on the complementary/substitutable effects between funds. No path of …

Persistent link: https://www.econbiz.de/10009369464

Persistent markups in bidding markets with financial constraints

Beker, Pablo F.; Hernando-Veciana, Ángel - Departamento de Economía, Universidad Carlos III de Madrid - 2011

This paper studies the impact of financial constraints on the persistency of high markups in a class of markets …

Persistent link: https://www.econbiz.de/10009371389

Do modified audit opinions have economic consequences? Empirical evidence based on financial constraints

Lin, Zhiwei; Jiang, Yihong; Xu, Yixuan - In: China Journal of Accounting Research 4 (2011) 3, pp. 135-154

roles of audit opinions. We find that firms' financial constraints eased after receiving MAOs, which suggests that MAOs have … and firms that receive MAOs for the first time. We also find that MAOs have not influenced financial constraints after … of MAOs on financial constraints. …

Persistent link: https://www.econbiz.de/10011936922

Is investment: Cashflow sensitivity a good measure of financial constraints?

Wan, Hualin; Zhu, Kai - In: China Journal of Accounting Research 4 (2011) 4, pp. 253-270

and measuring the external financial constraints of corporations. This study analyzes the effect of changes in the … effective measure of financial constraints under information asymmetry, but cash-cashflow sensitivity and borrowing …

Persistent link: https://www.econbiz.de/10011936928

Exporting under financial constraints: margins, switching dynamics and prices

Secchi, Angelo; Tamagni, Federico; Tomasi, Chiara - Laboratory of Economics and Management (LEM), Scuola … - 2011

-selection into export and potential endogeneity of the financial constraints proxy …

Persistent link: https://www.econbiz.de/10009367341

A new perspective on the firm size-growth relationship: Shape of profits, investment and heterogeneous credit constraints

MAYNERIS, Florian - Institut de Recherche Économique et Sociale (IRES), … - 2011

This paper shows that the diverging results obtained in the literature on the firm size-growth relationship can be reconciled in a very general theoretical framework featuring firm-level heterogeneity and investment decision. Three main elements determine the nature and the intensity of the...

Persistent link: https://www.econbiz.de/10009493501

Financial constraints and exports: An analysis of Portuguese firms during the European monetary integration

SIlva, Filipe; Carreira, Carlos - Grupo de Estudos Monetários e Financeiros (GEMF), … - 2011

Financial constraints are a key determinant that hinders firms' ability to export. This paper analyses the nexus … monetary integration process upon firms' financial constraints. Therefore, we estimate cash to cash-flow sensitivities for … generally helped reducing the degree of financial constraints faced by Portuguese firms. Additionally, our findings suggest that …

Persistent link: https://www.econbiz.de/10009225961

Inventories in the crisis.

de Rougemont, P. - In: Quarterly selection of articles - Bulletin de la Banque … (2011) 21, pp. 42-72

international trade and activity. This movement was no doubt exacerbated by the financial constraints on companies and the …

Persistent link: https://www.econbiz.de/10009276942