Financial Reforms, Financial Openness, and Corporate Borrowing: International Evidence photograph

Financial Reforms, Financial Openness, And Corporate Borrowing: International Evidence

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Originally published July 2007
Authors Enrica Detragiache
Senay Agca
Gianni De De Nicol
Date of Reg.
Date of Upd.
ID2180347
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About Financial Reforms, Financial Openness, And Corporate Borrowing: International Evidence


We study how credit market deregulation and increased international financial openness have changed corporate borrowing. The evidence comes from a large panel of publicly traded firms in 38 countries over the period 1994-2002. Reforms are measured with a comprehensive new index that tracks six separate dimensions. . . .

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