Bank supervision and corporate finance (English)

The authors examine the impact of bank supervision on the financing obstacles faced by almost 5,000 corporations across 49 countries. They find that firms in countries with strong official supervisory agencies that directly monitor banks tend to face greater financing obstacles. Moreover, powerful official supervision tends to increase firm reliance on special connections and corruption in raising external finance, which is consistent with political...

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Author

Beck,Thorsten;

Demirguc-Kunt,Asli;

Levine,Ross Eric;
Document Date
2003/05/31
Document Type
Policy Research Working Paper
Report Number
WPS3042
Volume No
1
Total Volume(s)
1
Country
World,
Region
Other,
Disclosure Date
2010/07/01
Doc Name
Bank supervision and corporate finance
Keywords
financing obstacle

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Citation

Beck,Thorsten; Demirguc-Kunt,Asli; Levine,Ross Eric.

Bank supervision and corporate finance (English). Policy, Research working paper ; no. WPS 3042 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/974991468765318711

Bank supervision and corporate finance (English)

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