Financial and Legal Constraints to Growth: Does Firm Size Matter?

By Thorsten Beck, Asli Demirgüç-Kunt, Vojislav Maksimovic. 2005

2,388 citations recorded by the source corpus.

Subfields: Accounting, Sociology and Political Science

View Paper: https://www.semanticscholar.org/paper/48fb8cc620b0977b976331e04da1dbfd06404d59

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Citations in the corpus

The Dynamic Adjustment Towards Target Capital Structures of Firms in Transition Economies (2006, methodology): “Again, this is consistent with the literature (for example, Beck et al., 2005b; Fan et al., 2003; Rajan and Zingales, 1995).”
Credit Constraints, Heterogeneous Firms and International Trade (2013, positive): “Prior evidence suggests that smaller firms are more credit constrained (e.g. Beck et al. 2005; Forbes 2007).”
Scaling-Up SME Access to Financial Services in the Developing World (2010, background): “9 See Globalization and Economic Policy Centre (2010), Aterido, Hallward-Driemeier and Pagés (2009), Klapper and Richmond (2009), OECD (1997) and (2003a), Neumark et al. (2008) 10 Haltiwanger, Jarmin, and Miranda (2009) 11 Tybout (2000), Sleuwaegen and Goedhuys (2002), Snodgrass and Biggs (1996) 12 ”
SMEs Survival in Time of Crisis: Strategies, Tactics and Commercial Success Stories☆ (2014, background): “…aspect, their relative shortcomings in terms of technological, managerial and human capabilities may reduce their capacity to overcome the economic crisis (Gertler and Gilchrist 1994, Forbes 2002 Beck et al. 2005, Butler and Sullivan 2005, Regnier 2005, Marino et al. 2008 Das and Pradhan 2009).”
Finance and Growth for Microenterprises: Evidence from Rural China (2015, positive): “Following Ayyagari et al. (2010) and Beck et al. (2005), we gauge whether firms’ sales growth is associated with the access to informal and formal financing sources.”
Legal Institutions, Sectoral Heterogeneity, and Economic Development (2009, positive): “With respect to firm size, our model generates implications that are similar in spirit to the hypothesis tested by Rajan and Zingales (1998), Beck, Demirguc-Kunt, and Maksimovic (2005), and Beck, Demirguc-Kunt, Laeven, and Levine (2004).”
Large risks, limited liability, and dynamic moral hazard (2010, neutral): “By ( 4 ) and (17), this yields Xt[„ i ‚C i gtc i ‘t(1 i ‚dt)]: (21)”
Financing patterns around the world : Are small firms different? (2008, neutral): “Second, Beck, Demirguc-Kunt, and Maksimovic (2005) show that survey responses are significantly correlated with actual outcomes after controlling for many factors and using instrumental variables to control for possible endogeneity. the relation between financing constraints and patterns might vary…”
Is entrepreneurship necessarily good? Microeconomic evidence from developed and developing countries (2013, background): “By the same token, a non-transparent regulatory environment with regard to labor market rules, taxation, red tape procedures, property rights, and bankruptcy laws is particularly harmful to firms’ growth in DCs and may be fatal for young entrepreneurial activities (Goedhuys and Sleuwaegen, 1999; Sle”
Does too much finance harm economic growth (2014, methodology): “…on economic growth using an array of econometric techniques, such as cross-country, time series, panel data, and firm-level studies1: for example, King and Levine (1993a,b), Levine (1997, 2003), Rajan and Zingales (1998), Levine et al. (2000), Beck and Levine (2004), and Beck et al. (2000, 2005).”
Formal Institutions and Opportunity Entrepreneurship. The Contingent Role of Informal Institutions (2019, background): “Furthermore, financial constraints limit investments in high growth projects (Beck et al., 2005).”