Publication:
Financing of Firms in Developing Countries : Lessons from Research

dc.contributor.authorAyyagari, Meghana
dc.contributor.authorDemirguc-Kunt, Asli
dc.contributor.authorMaksimovic, Vojislav
dc.date.accessioned2012-04-27T07:44:15Z
dc.date.available2012-04-27T07:44:15Z
dc.date.issued2012-04
dc.description.abstractThis paper reviews and synthesizes theoretical and empirical research on the role of finance in developing countries. First, the paper presents the stylized facts about firms in developing nations as well as the legal, financial and broader institutional framework in which these firms operate. Next, the paper focuses on the financing choices available to small and medium firms in developing countries and highlights areas needing additional research.en
dc.identifierhttp://documents.worldbank.org/curated/en/2012/04/16222792/financing-firms-developing-countries-lessons-research
dc.identifier.doi10.1596/1813-9450-6036
dc.identifier.urihttps://hdl.handle.net/10986/6038
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper ; No. 6036
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCESS TO BANK
dc.subjectACCESS TO EXTERNAL FINANCE
dc.subjectACCESS TO FINANCE
dc.subjectACCESS TO FINANCING
dc.subjectACCOUNTING
dc.subjectACCOUNTING STANDARDS
dc.subjectAGENCY PROBLEM
dc.subjectAGENCY PROBLEMS
dc.subjectAGRICULTURAL CREDIT
dc.subjectALLOCATION OF CAPITAL
dc.subjectASYMMETRIC INFORMATION
dc.subjectBALANCE SHEETS
dc.subjectBANK ACCOUNT
dc.subjectBANK ACCOUNTS
dc.subjectBANK BRANCHES
dc.subjectBANK CREDIT
dc.subjectBANK FINANCING
dc.subjectBANK LENDING
dc.subjectBANKING SECTOR
dc.subjectBANKING SYSTEM
dc.subjectBINDING CONSTRAINT
dc.subjectBUSINESS CYCLES
dc.subjectCAPITAL ALLOCATION
dc.subjectCAPITAL FLOWS
dc.subjectCAPITAL MARKET
dc.subjectCAPITAL MARKET DEVELOPMENT
dc.subjectCAPITAL MARKETS
dc.subjectCAPITAL MOBILITY
dc.subjectCAPITAL STOCK
dc.subjectCAPITAL STRUCTURE
dc.subjectCAPITAL STRUCTURES
dc.subjectCASH FLOWS
dc.subjectCASH HOLDINGS
dc.subjectCENTRAL BANK
dc.subjectCENTRAL BANKS
dc.subjectCIVIL LAW
dc.subjectCOMMON LAW
dc.subjectCONTRACTUAL OBLIGATIONS
dc.subjectCORPORATE BOND
dc.subjectCORPORATE BOND MARKET
dc.subjectCORPORATE FINANCE
dc.subjectCORPORATE GOVERNANCE
dc.subjectCREDIT BUREAUS
dc.subjectCREDIT CARDS
dc.subjectCREDIT MARKET
dc.subjectCREDIT MARKETS
dc.subjectCREDIT RATIONING
dc.subjectCREDIT REGISTRIES
dc.subjectCREDIT RISK
dc.subjectCREDITOR
dc.subjectCREDITOR RIGHTS
dc.subjectCREDITORS
dc.subjectCURRENCY
dc.subjectDEBT
dc.subjectDEBT FINANCING
dc.subjectDEBT LEVELS
dc.subjectDEBT MATURITY
dc.subjectDEFAULT RATES
dc.subjectDEPOSIT
dc.subjectDEPOSIT MONEY BANKS
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPING COUNTRY
dc.subjectDEVELOPMENT FINANCE
dc.subjectDISCLOSURE REQUIREMENTS
dc.subjectDISTRIBUTION OF CREDIT
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC GROWTH
dc.subjectEMERGING MARKETS
dc.subjectEQUITY CAPITAL
dc.subjectEQUITY MARKETS
dc.subjectEXPENDITURES
dc.subjectEXPROPRIATION
dc.subjectEXPROPRIATION OF MINORITY SHAREHOLDERS
dc.subjectEXTERNAL FINANCE
dc.subjectEXTERNAL FUNDING
dc.subjectEXTERNAL INVESTORS
dc.subjectFINANCIAL ASSETS
dc.subjectFINANCIAL CRISIS
dc.subjectFINANCIAL DEVELOPMENT
dc.subjectFINANCIAL DISTRESS
dc.subjectFINANCIAL FRAGILITY
dc.subjectFINANCIAL INSTITUTIONS
dc.subjectFINANCIAL INSTRUMENTS
dc.subjectFINANCIAL LIBERALIZATION
dc.subjectFINANCIAL MARKET
dc.subjectFINANCIAL MARKETS
dc.subjectFINANCIAL SECTOR DEVELOPMENT
dc.subjectFINANCIAL STRUCTURES
dc.subjectFINANCIAL SYSTEM
dc.subjectFINANCIAL SYSTEMS
dc.subjectFINANCING OBSTACLES
dc.subjectFIXED ASSETS
dc.subjectFOREIGN BANK
dc.subjectFOREIGN BANK ENTRY
dc.subjectFOREIGN BANKS
dc.subjectFOREIGN CAPITAL
dc.subjectFOREIGN CURRENCY
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectFUTURE CASH FLOW
dc.subjectGLOBAL CAPITAL
dc.subjectGLOBALIZATION
dc.subjectGOVERNMENT BANKS
dc.subjectGOVERNMENT INTERVENTION
dc.subjectGOVERNMENT LENDING
dc.subjectGOVERNMENT OWNERSHIP
dc.subjectGOVERNMENT SUBSIDIES
dc.subjectHOLDING
dc.subjectINFLATION
dc.subjectINFORMAL FINANCE
dc.subjectINFORMATION ASYMMETRY
dc.subjectINFORMATION SHARING
dc.subjectINITIAL PUBLIC OFFERINGS
dc.subjectINSTITUTIONAL DEVELOPMENT
dc.subjectINSTRUMENT
dc.subjectINSURANCE
dc.subjectINTANGIBLE
dc.subjectINTANGIBLE ASSETS
dc.subjectINTEREST RATES
dc.subjectINTERNATIONAL BANK
dc.subjectINTERNATIONAL CAPITAL
dc.subjectINTERNATIONAL FINANCE
dc.subjectINTERNATIONAL MARKETS
dc.subjectINVESTMENT FUNDS
dc.subjectINVESTMENT OPPORTUNITIES
dc.subjectINVESTMENT RATE
dc.subjectINVESTMENT-CASH FLOW SENSITIVITIES
dc.subjectINVESTOR INTEREST
dc.subjectINVESTOR PROTECTION
dc.subjectINVESTOR PROTECTIONS
dc.subjectIPO
dc.subjectISSUANCE
dc.subjectISSUANCES
dc.subjectJUDICIAL SYSTEM
dc.subjectJUDICIAL SYSTEMS
dc.subjectLABOR MARKET
dc.subjectLEGAL ENVIRONMENT
dc.subjectLEGAL ENVIRONMENTS
dc.subjectLEGAL PROTECTION
dc.subjectLEGAL RIGHTS
dc.subjectLEGAL SYSTEM
dc.subjectLEGAL SYSTEMS
dc.subjectLEGAL TRADITION
dc.subjectLEGAL TRADITIONS
dc.subjectLENDERS
dc.subjectLEVEL OF DEBT
dc.subjectLINES OF CREDIT
dc.subjectLIQUIDATION
dc.subjectLIQUIDITY
dc.subjectLOAN
dc.subjectLOCAL FINANCE
dc.subjectLONG TERM DEBT
dc.subjectLONG-TERM DEBT
dc.subjectMACROECONOMIC INSTABILITY
dc.subjectMARKET ECONOMY
dc.subjectMARKET FAILURE
dc.subjectMARKET LIQUIDITY
dc.subjectMARKET REGULATORS
dc.subjectMARKET TURNOVER
dc.subjectMARKET VALUE
dc.subjectMATURITY STRUCTURES
dc.subjectMICRO DATA
dc.subjectMICRO-ENTERPRISES
dc.subjectMICROENTERPRISES
dc.subjectOUTSIDE INVESTORS
dc.subjectOVERDRAFT FACILITY
dc.subjectOWNERSHIP STRUCTURE
dc.subjectOWNERSHIP STRUCTURES
dc.subjectPOLICY RESPONSES
dc.subjectPOLITICAL ECONOMY
dc.subjectPOLITICAL STABILITY
dc.subjectPORTFOLIO
dc.subjectPRIVATE BANKS
dc.subjectPRIVATE CREDIT
dc.subjectPRIVATE CREDIT BUREAUS
dc.subjectPRIVATE INVESTORS
dc.subjectPROPERTY RIGHTS
dc.subjectPROPERTY RIGHTS PROTECTION
dc.subjectPROPERTY RIGHTS PROTECTIONS
dc.subjectPROTECTION OF INVESTOR
dc.subjectPUBLIC BANKS
dc.subjectPUBLIC CREDIT
dc.subjectPUBLIC MARKETS
dc.subjectPUBLIC REGISTRIES
dc.subjectRATES OF RETURNS
dc.subjectREGULATORY AUTHORITIES
dc.subjectREINVESTMENT
dc.subjectREPUDIATION
dc.subjectRETURN
dc.subjectRETURNS
dc.subjectRISK OF EXPROPRIATION
dc.subjectRULE OF LAW
dc.subjectSECURITIES
dc.subjectSECURITIES MARKETS
dc.subjectSECURITY INTERESTS
dc.subjectSEIZURES
dc.subjectSETTLEMENT
dc.subjectSHAREHOLDER
dc.subjectSHAREHOLDERS
dc.subjectSHORT-TERM DEBT
dc.subjectSMALL BUSINESSES
dc.subjectSMALL LOANS
dc.subjectSOCIAL CAPITAL
dc.subjectSTATE BANKS
dc.subjectSTOCK MARKET
dc.subjectSTOCK MARKET CAPITALIZATION
dc.subjectSTOCK MARKET DEVELOPMENT
dc.subjectSTOCK MARKETS
dc.subjectSTOCK RETURNS
dc.subjectTAX
dc.subjectTRADE BALANCES
dc.subjectTRADE CREDIT
dc.subjectTRANSITION COUNTRIES
dc.subjectTRANSPARENCY
dc.subjectVALUATION
dc.subjectVALUE OF COLLATERAL
dc.titleFinancing of Firms in Developing Countries : Lessons from Researchen
dspace.entity.typePublication
okr.crossref.titleFinancing of Firms in Developing Countries: Lessons from Research
okr.date.disclosure2012-04-01
okr.date.doiregistration2025-04-10T11:20:21.191212Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2012/04/16222792/financing-firms-developing-countries-lessons-research
okr.globalpracticeFinance and Markets
okr.globalpracticeTrade and Competitiveness
okr.guid519991468137095642
okr.identifier.doi10.1596/1813-9450-6036
okr.identifier.externaldocumentum000158349_20120412092338
okr.identifier.internaldocumentum16222792
okr.identifier.reportWPS6036
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2012/04/12/000158349_20120412092338/Rendered/PDF/WPS6036.pdfen
okr.sectorFinance :: General finance sector
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicBanks and Banking Reform
okr.topicPrivate Sector Development::Emerging Markets
okr.topicFinance and Financial Sector Development::Access to Finance
okr.topicFinance and Financial Sector Development::Financial Literacy
okr.unitDevelopment Research Group (DECRG)
okr.unitDECRG: Finance & Priv Sec Devt (DECFP)
okr.volume1 of 1
relation.isAuthorOfPublication234a20c0-893c-561a-8c90-6f5be5be5b9b
relation.isAuthorOfPublication.latestForDiscovery234a20c0-893c-561a-8c90-6f5be5be5b9b
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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