Funding growth in bank-based and market-based financial systems : evidence from firm level data

How the relative development of a country's stock market and banking system affects firms' growth is closely tied to how well developed the country's contracting environment is. How differences in the contracting environment affect the relative development of the stock market or banki...

Full description

Main Author: Demirguç-Kunt, Asli
Corporate Author: World Bank Developement Research Group
Other Authors: Maksimovic, Vojislav
Format: eBook
Language:English
Published: Washington, DC World Bank, Development Research Group, Finance 2000, [2000]
Series:Policy research working paper
Subjects:
Online Access:
Collection: World Bank E-Library Archive - Collection details see MPG.ReNa
Summary:How the relative development of a country's stock market and banking system affects firms' growth is closely tied to how well developed the country's contracting environment is. How differences in the contracting environment affect the relative development of the stock market or banking system may have implications for which firms and which projects get financing
Item Description:"August 2000"--Cover. - Includes bibliographical references (p. 35-36). - Title from title screen as viewed on Oct. 10, 2002
Physical Description:Online-Ressource