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Higher inequality reduces capital accumulation and increases the informal economy, which creates additional employment opportunities for low-skilled and deprived people. Despite this positive feedback, informality raises problems for public finances and biases official statistics, reducing the...
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role played by corruption and provincial institutions in determining a company’s capital structure in Vietnam’s legal … environment. Contrasting to the majority of previous studies, the results show that corruption has an insignificant influence on a … company’s bank loans, consistent with institutional theory. However, the role of corruption is different for types of various …
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