DOES MONETARY POLICY MATTER FOR CORPORATE GOVERNANCE? FIRM-LEVEL EVIDENCE FROM INDIA

Advances in Financial Economics

Volumn 9, Issue , 2004, Pages 327-353

  Ghosh, Saibal ^a   Sensarma, Rudra ^a  

^a NONE

Author keywords

[No Author keywords available]

Indexed keywords

EID: 36148942435     PISSN: 15693732     EISSN: None     Source Type: Book Series    
DOI: 10.1016/S1569-3732(04)09013-9     Document Type: Review

References (30)

1. Baltagi, B. (1995). Econometric analysis of panel data . New York: Wiley.
2. A.N. Berger G.F. Udell Lines of credit and relationship lending to small firm finance Journal of Business 68 3 1995 351 381
3. B.S. Bernanke A. Blinder The federal funds rate and the channels of monetary transmission American Economic Review 82 4 1992 901 921
4. B.S. Bernanke M. Gertler Inside the black box: The credit channel of monetary policy transmission Journal of Economic Perspectives 9 1 1995 27 48
5. Centre for Monitoring of Indian Economy. Prowess (Release 2.1), Mumbai: CMIE.
6. P.K. Chibber S.K. Majumdar Foreign ownership and profitability: Property rights, control, and the performance of firms in Indian industry Journal of Law and Economics 42 1 1999 209 238
7. D. Cobham R. Subramanium Corporate finance in developing countries: New evidence for India World Development 26 6 1998 1033 1047
8. de Haan, L., & Sterken, E. (2000). Capital structure and corporate governance: Evidence from Euro area. De Nederlandes Bank (mimeo).
9. Dedola, L., & Lippi, F. (2000). The Monetary transmission mechanism: Evidence from the industries of five OECD countries. Bank of Italy (mimeo).
10. Ehrmann, M. (2000). Firm size and monetary policy transmission: Evidence from German business survey data. European Central Bank, Working Paper No. 21: Frankfurt.
11. S.M. Fazzari R.G. Hubbard B.C. Petersen Financing constraints and corporate investment Brookings Paper on Economic Activity 1 1 1988 141 195
12. Jalan, B. (2002). Corporate governance and financial sector: Some issues. Inaugural Address at NIBM Annual Day. Pune: NIBM.
13. M. Jensen W. Meckling Theory of the firm: Managerial behaviour, agency costs and ownership structure Journal of Financial Economics 3 4 1976 305 360
14. S.N. Kaplan B.A. Minton Appointments of outsiders to Japanese board: Determinants and implications for managers Journal of Financial Economics 36 2 1994 225 258
15. A.K. Kashyap J.C. Stein D.W. Wilcox Monetary policy and credit conditions: Evidence from the composition of external finance American Economic Review 83 1 1993 73 98
16. A.K. Kashyap J.C. Stein D.W. Wilcox Monetary policy and credit conditions: Evidence from the composition of external finance: Reply American Economic Review 86 2 1996 310 314
17. Kashyap, A. K., & Stein, J. C. (1997). What do a million banks have to say about the transmission of monetary policy? NBER Working Paper 6056. Cambridge, MA: National Bureau of Economic Research.
18. T. Khanna K. Palepu Is group affiliation profitable in emerging markets: An analysis of diversified Indian business groups? Journal of Finance 55 2 2000 867 891
19. R.S. Kroszner P.E. Strahan Bankers on boards: Monitoring, conflicts of interests and lender liability Journal of Financial Economics 62 3 2001 415 452
20. R. Levine Bank-based or market-based financial systems: Which is better? Journal of Financial Intermediation 11 4 2002 398 428
21. S.K. Majumdar The impact of size and age on firm-level performance: Some evidence from Indian industry Review of Industrial Organisation 12 2 1997 231 241
22. S.C. Myers N. Majluf Corporate financing and investment decisions when firms have information investors do not have Journal of Financial Economics 13 1 1984 187 221
23. S.D. Oliner G.D. Rudebusch Is there a broad credit channel for monetary policy? Federal Reserve Bank of San Francisco Economic Review 1 1 1996 4 13
24. M.A. Petersen R.G. Rajan Trade credit: Theories and evidence Review of Financial Studies 10 5 1997 661 691
25. R.G. Rajan L. Zingales What do we know about capital structure? Some evidence from international data Journal of Finance 50 6 1995 1421 1460
26. Rangarajan, C. (1988). Issues in monetary management. Presidential Address at the 71st Conference of Indian Economic Association: Delhi.
27. Reddy, Y. V. (2002). Parameters of monetary policy in India. Lecture Delivered at the 88th Annual Conference of Indian Econometric Society. Chennai.
28. Reserve Bank of India, Statement on Monetary and Credit Policy (various years).
29. J. Sarkar S. Sarkar Large shareholder activism in corporate governance in developing countries: Evidence from India International Review of Finance 1 2 2000 161 194
30. E. Van Damme Banking: A survey of recent microeconomic theory Oxford Review of Economic Policy 10 4 1994 14 33