Capital Market Financing, Firm Growth, and Firm Size Distribution

Research, Preprint OPEN
Tatiana Didier ; Ross Levine ; Sergio L. Schmukler (2015)
  • Publisher: World Bank, Washington, DC
  • Subject: DISCOUNT | TAXES | INTERNATIONAL BANK | EQUITY | INVESTORS | SECURITIES | GROSS DOMESTIC PRODUCT | MARKET EQUITY | INITIAL PUBLIC OFFERINGS | MATURITIES | LIABILITIES | CORPORATE GOVERNANCE | MATURITY STRUCTURE | INTERNATIONAL CAPITAL | STOCK MARKETS | EMERGING MARKET EQUITY | STOCK RETURNS | EQUITY MARKET CAPITALIZATION | DOMESTIC BOND | PROFITS | BALANCE SHEET | DUMMY VARIABLES | LENDING | BOND FINANCING | MATURITY | BOND ISSUING | EXCHANGES | EMERGING MARKET | IPO | INVESTMENT | BOND MARKET | MARKET LIQUIDITY | DOMESTIC BOND MARKETS | VALUATION | DOMESTIC CAPITAL | INFORMATION ASYMMETRY | EQUITIES | DEPOSIT | RETURNS | DEBT CAPACITY | BOND ISSUANCES | LONG-TERM DEBT | BROKERS | EQUITY MARKETS | INFORMATIONAL ASYMMETRIES | MARKET CAPITALIZATION | BALANCE SHEETS | FINANCIAL STRUCTURES | OFFSHORE FINANCIAL CENTERS | CAPITAL MARKET ACTIVITY | INVESTMENTS | BOND ISSUANCE | RETURN ON ASSETS | BANK CREDIT | INVESTMENT DECISIONS | LABOR MARKETS | CAPITAL STRUCTURE | INTERNATIONAL ECONOMICS | CASH FLOW | RISK EXPOSURE | CAPITAL MARKET DEVELOPMENT | FINANCIAL MARKETS | FINANCIAL SECTOR DEVELOPMENT | AMOUNT OF CAPITAL | CORPORATE BOND | FINANCIAL SYSTEM | PUBLIC FINANCE | CORPORATE BONDS | CAPITAL RAISING | FINANCIAL SYSTEMS | PRIVATE BOND | CAPITAL MARKETS | EQUITY MARKET | FUTURE | FINANCIAL DEVELOPMENT | Access to Finance,Economic Theory&Research,Debt Markets,Microfinance,Emerging Markets | RETURN | TRANSACTION | DOMESTIC EQUITY | FINANCIAL INSTITUTIONS | OWNERSHIP STRUCTURE | INSURANCE | MARKET DEVELOPMENT | PUBLIC OFFERINGS | FINANCIAL MARKET | ASYMMETRIC INFORMATION | VALUATIONS | ECONOMIC DEVELOPMENT | BONDS | LIQUIDITY | ACCOUNTING | CORPORATE BOND MARKETS | CAPITAL MARKET | BANK POLICY | HOME MARKET | LIQUID MARKETS | FOREIGN MARKETS | PRIMARY MARKETS | SECURITIES MARKETS | STOCK | PUBLIC DEBT MARKET | CAPITAL MARKET FINANCING | DUMMY VARIABLE | LIABILITY | COMMERCIAL PAPER | POLITICAL ECONOMY | STOCK MARKET | BOND ISSUERS | ISSUANCES | CORPORATE INVESTMENT | MARKET | MARKETS | CAPITALIZATION | STOCK MARKET DEVELOPMENT | PRIVATE CREDIT | CASH FLOWS | DEBT MARKET | EXCHANGE | EMERGING ECONOMIES | DEBT | INTERNATIONAL TRADE | EQUITY ISSUANCES | INTERNATIONAL MARKETS | CORPORATE BOND MARKET | DOMESTIC CAPITAL MARKET | EQUITY ISSUES | FINANCIAL STRUCTURE | BOND MARKET CAPITALIZATION | STOCK EXCHANGES | PUBLIC DEBT | FOREIGN CAPITAL | CONTRACTS | DEBT SECURITIES | FINANCIAL LIBERALIZATION | DEBT ISSUANCES | SECURITY | INTEREST | INVESTMENT BANKS | DOMESTIC MARKETS | CAPITAL ALLOCATION | INTERNATIONAL FINANCIAL INTEGRATION | FINANCIAL STUDIES | EQUITY ISSUANCE | ISSUERS OF SECURITIES | EQUITY FINANCING | DEPOSIT MONEY BANKS | FIRM PERFORMANCE | FOREIGN EQUITY | BOND | MARKET SIZE | ACCOUNTING STANDARDS | DEBT-EQUITY | BOND ISSUER | ISSUANCE | BOND MARKETS | Access to Finance, Bond Markets, Capital Market Development, Capital Raisings, Firm Dynamics, Firm Financing, Stock Markets | CONSUMER PRICE INDEX | FINANCE
    • jel: jel:G32 | jel:G31 | jel:G00 | jel:G10 | jel:L25

How many and which firms issue equity and bonds in domestic and international markets, how do these firms grow relative to non-issuing firms, and how does firm performance vary along the firm size distribution? To ... View more
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