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Corporate financial patterns in industrializing economies : a comparative international study (anglais)

This study is a sequel to the 1992 monograph on corporate financing patterns and structures in nine industrializing economies. That was the first large scale research on this subject for developing countries and it yielded quite unexpected results. The two authors found that developing country corporations rely in general very heavily (a) on external funds and (b) on new issues of shares to finance their growth of net assets. These results are extremely...
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