Existing evidence on the effect of foreign bank penetration on lending to small and medium-size enterprises is ambiguous. Case studies of developing countries show that foreign banks lend less to such firms than domestic banks do. But cross-country studies find that foreign bank entry fosters...

Joint Ventures Motives in Classical Corporations and REITs: Same or different? -- Why the REIT Act, REIT Capital Structure, and Diversification Needs call for Joint Venture Use -- REIT Joint Venture formations as means for financial flexibility to capture market timing opportunities -- The Role...

This paper estimates a structural dynamic business investment equation and an error correction model of fixed assets growth on a sample of predominantly small and mid-size manufacturers in India. The results suggest that excessive labor regulation, power shortages, and problems of access to...

This study analyzes bank loan maturity and corporate investment linkage by using novel firm-level data covering the universe of all incorporated firms in Türkiye over the last decade. The results of the panel regression model with multi-dimensional fixed effects reveal that loan maturity has a...

Using granular data from the Turkish banking system, we investigate the effect of credit guarantee schemes (CGSs) in 2017 and early 2018 on bank connectedness originating from common borrower firms. Our empirical findings show that the CGSs affect the connectedness of banks differently. While...

Data assets serve functions such as value preservation and appreciation, financing, and value creation. They contain extensive information about enterprises' operational status and future development prospects, providing significant references for external investors' decision-making and greatly...