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bank finance
Our results suggest the founder's education and bank finance promote firm survival.
      
In particular, sources of bank finance for small new firms are associated with higher returns than other available sources of finance.
      
The Loan Guarantee Scheme was initiated in 1981 in order to alleviate a perceived constraint in the ability of small firms to secure bank finance due to a lack of collateral.
      
Access to bank finance does not seem to have tightened noticeably.
      
As a result, increased bank finance did not flow to relatively productive SOEs later in the period.
      
As noted, coefficients for bank finance are much larger in the OLS specifications than in the fixed effects specifications.
      
Asia requires deeper and more liquid securities markets in order to reduce its dependence on bank finance.
      
As Japan deregulated its capital markets in the 1980s, firms increasingly switched from bank finance to the newly available sources.
      
Bank finance is the share of investment from bank loans.
      
Bank finance shares at individual SOEs may, therefore, have changed less in the 1990s.
      
Bank finance was increasingly directed to relatively productive SOEs in the 1980s, but less and less so as the 1990s progressed.
      
Bank finance has historically been important in Italy, France and Germany.
      
Bank finance may obviously not be he only source of selecting and monitoring industrial activities.
      
Bank finance is associated with debt while market finance with equity.
      
Collective enterprises with no access to bank finance often relied on this method exclusively.
      
For the 1980s, that adjustment produced a much larger FE coefficient for bank finance.
      
First, there should be borrowers whose investment decisions are primarily dependent on bank finance.
      
First, we should be better able to identify the impacts of shocks to the banking sector on firms that have stronger reliance on bank finance.
      
Global Development Finance World Bank finance data for 107 countries since 1970.
      
However, increased bank finance did not improve SOE productivity in the 1990s when bank-imposed budget constraints became softer.
      
 

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