Documents & Reports

Stock market development and firm financing choices (English)


The authors empirically analyze the association between firm financing choices and the level of development of financial markets in 30 countries for the period 1980-91. For the whole sample, there is a statistically significant negative correlation between...  See More +


  • Demirguc-Kunt, Asli; Maksimovic, Vojislav; Demirguc-Kunt, Asli*Maksimovic, Vojislav;
  • 1995/05/31
  • Policy Research Working Paper;
  • WPS1461
  • 1
  • 1
  • 2010/07/01
  • Stock market development and firm financing choices
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