Preview: Funding Growth in Bank-Based and Market-Based Financial Systems : Evidence from Firm-Level Data

Cover Image

QR Code

Funding Growth in Bank-Based and Market-Based Financial Systems : Evidence from Firm-Level Data

The authors investigate whether firms' access to external financing, to fund growth differs between market-based, and bank-based financial systems. Using firm-level data for forty countries, they compute the proportion of firms in each country...

Full description

Bibliographic Details
Main Authors:	Demirguc-Kunt, Asli, Maksimovic, Vojislav
Language:	English en_US
Published:	World Bank, Washington, DC 2014
Subjects:	ABSTRACTS ASSETS BANKING SECTOR BANKING SYSTEM BANKS BORROWING CAPITALIZATION CITIZENS CIVIL LAW CIVIL LAW SYSTEMS CODES COMMON LAW COMPARATIVE ADVANTAGE COMPARATIVE ADVANTAGES CORPORATE FINANCE COUNTRY AVERAGES DEBT DEVELOPMENT ECONOMICS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC PERFORMANCE FINANCIAL CONTRACTS FINANCIAL DATA FINANCIAL DEVELOPMENT FINANCIAL INTERMEDIARIES FINANCIAL MARKETS FINANCIAL PLANNING FINANCIAL SECTOR FINANCIAL SERVICES FINANCIAL STRUCTURE FINANCIAL SYSTEMS FINANCIAL TRANSACTIONS GDP DEFLATOR GDP PER CAPITA GROSS DOMESTIC PRODUCT GROWTH RATE GROWTH RATES INFLATION INFLATION RATE INSTITUTIONAL DEVELOPMENT LAWS LEGAL ORIGIN LEGAL SYSTEMS NET SALES OVERHEAD COSTS PER CAPITA INCOME PER CAPITA INCOMES POLITICAL INSTITUTIONS PROFIT RATE PROPERTY RIGHTS REAL GDP RETURN ON ASSETS SECURITIES SECURITIES MARKETS STOCK MARKETS WEALTH FUNDING CAPACITY; BANKING SYSTEMS; MARKET-BASED INSTRUMENTS; ENTERPRISES; DATA ANALYSIS; FINANCING OPTIONS; FINANCIAL SYSTEMS; LEGISLATIVE FRAMEWORK; EXTERNAL FINANCE; STOCK MARKETS; SECURITIES MARKETS; PERFORMANCE INDICATORS
Online Access:	http://documents.worldbank.org/curated/en/2000/08/693218/funding-growth-bank-based-market-based-financial-systems-evidence-firm-level-data http://hdl.handle.net/10986/19813