Skip to Main Navigation

Capital Market Financing and Firm Growth (English)

This paper studies whether there is a connection between finance and growth at the firm level. It employs a new dataset of 150,165 equity and bond issuances around the world, matched with income and balance sheet data for 62,653 listed firms in 65 countries over 1990-2016. Three main patterns emerge from the analyses. First, firms that choose to issue in capital markets use the funds raised to grow by enhancing their productive capabilities, increasing...
See More

DETAILS


Citation

Didier Brandao,Tatiana; Levine,Ross Eric; Llovet Montanes,Ruth; Schmukler,Sergio L..

Capital Market Financing and Firm Growth (English). Paper is funded by the Knowledge for Change Program (KCP)|Paper is funded by the Strategic Research Program (SRP)|Policy Research working paper|no. WPS 9337 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/879651595862883790

This document is being processed or is not available.