Court Enforcement, Bank Loans and Firm Investment: Evidence from a Bankruptcy Reform in Brazil
Court Enforcement, Bank Loans and Firm Investment: Evidence from a Bankruptcy Reform in Brazil
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法院执行、银行贷款和企业投资：来自巴西破产改革的证据
DOI：
10.2139/ssrn.2179022
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发表时间：
2015
期刊：
影响因子：
--
通讯作者：
Jacopo Ponticelli
中科院分区：
文献类型：
--
作者：
Jacopo Ponticelli
旨在改善债权人保护的金融改革常常受到鼓励，作为增加发展中国家企业信贷机会的一种方式。在本文中，我表明，法院执行不力会极大地限制金融危机的影响。
Financial reform designed to improve creditor protection is often encouraged as a way to increase credit access for rms in developing countries. In this paper, I show that poorly functioning court enforcement can signicantly limit the impact of nancial