Subject: Other Depository Institutions | Financing Policy | Banks | Capital and Ownership Structure G320 | Mortgages G210 | Financial Risk and Risk Management | Size, Diversification, and Scope L250 [Firm Performance] | Micro Finance Institutions | HG
Using a firm-level survey database covering 48 countries, we investigate how financial and institutional development affects financing of large and small firms. Our database is not limited to large firms but includes small and medium-size firms and data on a broad spect... View more
Demirgüç-Kunt, A., Maksimovic, V., 1998. Law, finance, and firm growth. Journal of Finance 53, 2107-2137.
Demirgüç-Kunt, A., Maksimovic, V., 1999. Institutions, financial markets and firm debt maturity. Journal of Financial Economics 54, 295-336.
Demirgüç-Kunt, A., Maksimovic, V., 2001. Firms as financial intermediaries: Evidence from trade credit data. Unpublished policy working paper 2696. World Bank, Washington, DC.
Fan, J., Titman S., Twite, G., 2003. An international comparison of capital structure and debt maturity choices. Unpublished working paper. University of Texas, Austin, TX.
Frank, M. Z., Goyal, V. K., 2003. Testing the pecking order theory of capital structure. Journal of Financial Economics 67, 217-248.
Frank, M., Maksimovic, V., 2001, Trade credit, collateral, and adverse selection. Unpublished working paper. University of Maryland, College Park, MD. Available at SSRN: http://ssrn.com/abstract=87868.
Fulghieri, P., and Lukin D., 2001. Information production, dilution costs, and optimal security design. Journal of Financial Economics 61, 3-42.
Gomes, A., Phillips, G., 2006. Why do public firms issue public and private securities? Unpublished working paper. University of Maryland, College Park, MD.
Graham, J. R., Harvey, C. R., 2001. The theory and practice of corporate finance: evidence from the field. Journal of Financial Economics 60, 187-243.
Hellman, J., Jones, G., Kaufmann, D. and M. Schankerman. 2000. Measuring governance and state capture: the role of bureaucrats and firms in shaping the business environment. Unpublished working paper 51. European Bank for Reconstruction and Development, London, UK.