메뉴 건너뛰기




Volumn 21, Issue 3, 2012, Pages 409-445

Financing firms in India

Author keywords

Alternative finance; Banks; Growth; India; Markets; Small and medium enterprises

Indexed keywords


EID: 84857406178     PISSN: 10429573     EISSN: 10960473     Source Type: Journal    
DOI: 10.1016/j.jfi.2012.01.003     Document Type: Article
Times cited : (181)

References (67)
  • 2
    • 84921316455 scopus 로고    scopus 로고
    • Comparing legal and alternative institutions in finance and commerce
    • Routledge, New York, J. Heckman, R. Nelson (Eds.)
    • Allen F., Qian J. Comparing legal and alternative institutions in finance and commerce. Global Perspectives of Rule of Law 2010, 118-144. Routledge, New York. J. Heckman, R. Nelson (Eds.).
    • (2010) Global Perspectives of Rule of Law , pp. 118-144
    • Allen, F.1    Qian, J.2
  • 3
    • 20444481384 scopus 로고    scopus 로고
    • Law, finance, and economic growth in China
    • Allen F., Qian J., Qian M. Law, finance, and economic growth in China. J. Finan. Econ. 2005, 77:57-116.
    • (2005) J. Finan. Econ. , vol.77 , pp. 57-116
    • Allen, F.1    Qian, J.2    Qian, M.3
  • 4
    • 84861199542 scopus 로고    scopus 로고
    • An Alternative View on Law, Institutions, Finance and Growth. Working Paper, Boston College.
    • Allen, F., Qian, J., Zhang, C., 2011. An Alternative View on Law, Institutions, Finance and Growth. Working Paper, Boston College.
    • (2011)
    • Allen, F.1    Qian, J.2    Zhang, C.3
  • 6
    • 0039619859 scopus 로고    scopus 로고
    • Reputation effects and the limits of contracting: a study of the Indian software industry
    • Banerjee A., Duflo E. Reputation effects and the limits of contracting: a study of the Indian software industry. Quart. J. Econ. 2000, 115:989-1017.
    • (2000) Quart. J. Econ. , vol.115 , pp. 989-1017
    • Banerjee, A.1    Duflo, E.2
  • 7
    • 84861201598 scopus 로고    scopus 로고
    • In India, the Wheels of Justice Hardly Move, New York Times, World (June 1).
    • Bearak, B., 2000. In India, the Wheels of Justice Hardly Move, New York Times, World (June 1).
    • (2000)
    • Bearak, B.1
  • 8
    • 25144461194 scopus 로고    scopus 로고
    • SMEs, growth and poverty: cross-country evidence
    • Beck T., Demirgüç-Kunt A., Levine R. SMEs, growth and poverty: cross-country evidence. J. Econ. Growth 2005, 10:199-229.
    • (2005) J. Econ. Growth , vol.10 , pp. 199-229
    • Beck, T.1    Demirgüç-Kunt, A.2    Levine, R.3
  • 9
    • 12444264829 scopus 로고    scopus 로고
    • Financial and legal constraints to firm growth: does size matter?
    • Beck T., Demirgüç-Kunt A., Maksimovic V. Financial and legal constraints to firm growth: does size matter?. J. Finance 2005, 60:137-177.
    • (2005) J. Finance , vol.60 , pp. 137-177
    • Beck, T.1    Demirgüç-Kunt, A.2    Maksimovic, V.3
  • 10
    • 52049119727 scopus 로고    scopus 로고
    • Financing patterns around the world: are small firms different?
    • Beck T., Demirgüç-Kunt A., Maksimovic V. Financing patterns around the world: are small firms different?. J. Finan. Econ. 2008, 89:467-487.
    • (2008) J. Finan. Econ. , vol.89 , pp. 467-487
    • Beck, T.1    Demirgüç-Kunt, A.2    Maksimovic, V.3
  • 11
    • 84861199545 scopus 로고    scopus 로고
    • Benchmarking Financial Development. World Bank Policy Research Working Paper 4638.
    • Beck, T., Feyen, E., Ize, A., Moizeszowicz, F., 2008b. Benchmarking Financial Development. World Bank Policy Research Working Paper 4638.
    • (2008)
    • Beck, T.1    Feyen, E.2    Ize, A.3    Moizeszowicz, F.4
  • 12
    • 0038127300 scopus 로고
    • Relationship lending and lines of credit in small firm finance
    • Berger A., Udell G. Relationship lending and lines of credit in small firm finance. J. Bus. 1995, 68:351-381.
    • (1995) J. Bus. , vol.68 , pp. 351-381
    • Berger, A.1    Udell, G.2
  • 13
    • 0001202725 scopus 로고    scopus 로고
    • The economics of small business finance
    • Berger A., Udell G. The economics of small business finance. J. Banking Finance 1998, 22:613-673.
    • (1998) J. Banking Finance , vol.22 , pp. 613-673
    • Berger, A.1    Udell, G.2
  • 14
    • 0037306950 scopus 로고    scopus 로고
    • Economic development, legality, and the transplant effect
    • Berkowitz D., Pistor K., Richard J. Economic development, legality, and the transplant effect. Europ. Econ. Rev. 2003, 47:165-195.
    • (2003) Europ. Econ. Rev. , vol.47 , pp. 165-195
    • Berkowitz, D.1    Pistor, K.2    Richard, J.3
  • 16
    • 0042829594 scopus 로고    scopus 로고
    • The separation of ownership and control in East Asian corporations
    • Claessens S., Djankov S., Lang L. The separation of ownership and control in East Asian corporations. J. Finan. Econ. 2000, 58:81-112.
    • (2000) J. Finan. Econ. , vol.58 , pp. 81-112
    • Claessens, S.1    Djankov, S.2    Lang, L.3
  • 17
    • 0000200532 scopus 로고    scopus 로고
    • Disentangling the incentive and entrenchment of large shareholdings
    • Claessens S., Djankov S., Fan J., Lang L. Disentangling the incentive and entrenchment of large shareholdings. J. Finance 2002, 57:2741-2771.
    • (2002) J. Finance , vol.57 , pp. 2741-2771
    • Claessens, S.1    Djankov, S.2    Fan, J.3    Lang, L.4
  • 18
    • 84979188687 scopus 로고
    • The nature of firm
    • Coase R. The nature of firm. Economica 1937, 4:386-405.
    • (1937) Economica , vol.4 , pp. 386-405
    • Coase, R.1
  • 25
    • 33845426825 scopus 로고    scopus 로고
    • The origins of the German corporation - finance, ownership and control
    • Franks J., Mayer C., Wagner H. The origins of the German corporation - finance, ownership and control. Rev. Finan. 2006, 10:537-585.
    • (2006) Rev. Finan. , vol.10 , pp. 537-585
    • Franks, J.1    Mayer, C.2    Wagner, H.3
  • 26
    • 62649173895 scopus 로고    scopus 로고
    • Ownership: evolution and regulation
    • Franks J., Mayer C., Rossi S. Ownership: evolution and regulation. Rev. Finan. Stud. 2009, 22:4009-4056.
    • (2009) Rev. Finan. Stud. , vol.22 , pp. 4009-4056
    • Franks, J.1    Mayer, C.2    Rossi, S.3
  • 27
    • 84861188567 scopus 로고    scopus 로고
    • Connections and Information Acquisition in Capital Allocation
    • ECGI - Finance Working Paper No. 153/2007.
    • Giannetti, M., Yu, X., 2007. Connections and Information Acquisition in Capital Allocation. ECGI - Finance Working Paper No. 153/2007.
    • (2007)
    • Giannetti, M.1    Yu, X.2
  • 28
    • 79953845540 scopus 로고    scopus 로고
    • What you sell is what you lend? Explaining trade credit contracts
    • Giannetti M., Burkart M., Elligensen T. What you sell is what you lend? Explaining trade credit contracts. Rev. Finan. Stud. 2011, 24:1261-1298.
    • (2011) Rev. Finan. Stud. , vol.24 , pp. 1261-1298
    • Giannetti, M.1    Burkart, M.2    Elligensen, T.3
  • 29
    • 36148931410 scopus 로고    scopus 로고
    • Affiliated firms and financial support: evidence from Indian business groups
    • Gopalan R., Nanda V., Seru A. Affiliated firms and financial support: evidence from Indian business groups. J. Finan. Econ. 2007, 86:759-795.
    • (2007) J. Finan. Econ. , vol.86 , pp. 759-795
    • Gopalan, R.1    Nanda, V.2    Seru, A.3
  • 30
    • 10944252567 scopus 로고    scopus 로고
    • The theory and practice of corporate finance: evidence from the field
    • Graham J., Harvey C. The theory and practice of corporate finance: evidence from the field. J. Finan. Econ. 2001, 61:1-35.
    • (2001) J. Finan. Econ. , vol.61 , pp. 1-35
    • Graham, J.1    Harvey, C.2
  • 31
    • 0024823192 scopus 로고
    • Reputation and coalitions in medieval trade: evidence on the Maghribi traders
    • Greif A. Reputation and coalitions in medieval trade: evidence on the Maghribi traders. J. Econ. Hist. 1989, 49:857-882.
    • (1989) J. Econ. Hist. , vol.49 , pp. 857-882
    • Greif, A.1
  • 32
    • 0001103387 scopus 로고
    • Contract enforceability and economic institutions in early trade: the Maghribi traders' coalition
    • Greif A. Contract enforceability and economic institutions in early trade: the Maghribi traders' coalition. Amer. Econ. Rev. 1993, 83:525-548.
    • (1993) Amer. Econ. Rev. , vol.83 , pp. 525-548
    • Greif, A.1
  • 33
    • 62649100968 scopus 로고    scopus 로고
    • The myth of diffuse ownership in the United States
    • Holderness C. The myth of diffuse ownership in the United States. Rev. Finan. Stud. 2009, 22:1377-1408.
    • (2009) Rev. Finan. Stud. , vol.22 , pp. 1377-1408
    • Holderness, C.1
  • 34
    • 0039863891 scopus 로고    scopus 로고
    • The finance-growth nexus: evidence from bank branch deregulation
    • Jayaratne J., Strahan P. The finance-growth nexus: evidence from bank branch deregulation. Quart. J. Econ. 1996, 111:639-670.
    • (1996) Quart. J. Econ. , vol.111 , pp. 639-670
    • Jayaratne, J.1    Strahan, P.2
  • 36
    • 0000859784 scopus 로고    scopus 로고
    • Is group affiliation profitable in emerging markets? An analysis of diversified Indian business groups
    • Khanna T., Palepu K. Is group affiliation profitable in emerging markets? An analysis of diversified Indian business groups. J. Finance 2000, 55:867-891.
    • (2000) J. Finance , vol.55 , pp. 867-891
    • Khanna, T.1    Palepu, K.2
  • 37
    • 17644408457 scopus 로고    scopus 로고
    • Business groups and risk sharing around the world
    • Khanna T., Yafeh Y. Business groups and risk sharing around the world. J. Bus. 2005, 78:301-340.
    • (2005) J. Bus. , vol.78 , pp. 301-340
    • Khanna, T.1    Yafeh, Y.2
  • 38
    • 84861202559 scopus 로고    scopus 로고
    • Industrial Structure and Corporate Finance
    • Working Paper, Princeton University.
    • Kim, S., Shin, H., 2007. Industrial Structure and Corporate Finance. Working Paper, Princeton University.
    • (2007)
    • Kim, S.1    Shin, H.2
  • 39
    • 34247482883 scopus 로고
    • Finance and growth: Schumpeter might be right
    • King R., Levine R. Finance and growth: Schumpeter might be right. Quart. J. Econ. 1993, 108:717-738.
    • (1993) Quart. J. Econ. , vol.108 , pp. 717-738
    • King, R.1    Levine, R.2
  • 46
    • 15544376362 scopus 로고    scopus 로고
    • Does legal enforcement affect financial transactions? The contractual channel in private equity
    • Lerner J., Schoar A. Does legal enforcement affect financial transactions? The contractual channel in private equity. Quart. J. Econ. 2005, 120:223-246.
    • (2005) Quart. J. Econ. , vol.120 , pp. 223-246
    • Lerner, J.1    Schoar, A.2
  • 47
    • 0042012826 scopus 로고    scopus 로고
    • Earnings management and investor protection: an international comparison
    • Leuz C., Nanda D., Wysocki P. Earnings management and investor protection: an international comparison. J. Finan. Econ. 2003, 69:505-527.
    • (2003) J. Finan. Econ. , vol.69 , pp. 505-527
    • Leuz, C.1    Nanda, D.2    Wysocki, P.3
  • 48
    • 0036822431 scopus 로고    scopus 로고
    • Bank-based or market-based financial systems: which is better?
    • Levine R. Bank-based or market-based financial systems: which is better?. J. Finan. Intermediation 2002, 11:1-30.
    • (2002) J. Finan. Intermediation , vol.11 , pp. 1-30
    • Levine, R.1
  • 49
    • 0346613552 scopus 로고    scopus 로고
    • Stock market, banks, and economic growth
    • Levine R., Zervos S. Stock market, banks, and economic growth. Amer. Econ. Rev. 1998, 88:537-558.
    • (1998) Amer. Econ. Rev. , vol.88 , pp. 537-558
    • Levine, R.1    Zervos, S.2
  • 51
    • 0041031316 scopus 로고    scopus 로고
    • Interfirm relationships and informal credit in Vietnam
    • McMillan J., Woodruff C. Interfirm relationships and informal credit in Vietnam. Quart. J. Econ. 1999, 114:1285-1320.
    • (1999) Quart. J. Econ. , vol.114 , pp. 1285-1320
    • McMillan, J.1    Woodruff, C.2
  • 52
    • 0033480893 scopus 로고    scopus 로고
    • Dispute prevention without courts in Vietnam
    • McMillan J., Woodruff C. Dispute prevention without courts in Vietnam. J. Law, Econ., Organ. 1999, 15:637-658.
    • (1999) J. Law, Econ., Organ. , vol.15 , pp. 637-658
    • McMillan, J.1    Woodruff, C.2
  • 53
    • 46849108126 scopus 로고    scopus 로고
    • Financial Development and Growth in India: A Growing Tiger in a Cage?
    • Working Paper, IMF.
    • Oura, H., 2008. Financial Development and Growth in India: A Growing Tiger in a Cage? Working Paper, IMF.
    • (2008)
    • Oura, H.1
  • 54
    • 84993914974 scopus 로고
    • The benefits of firm-creditor relationships: evidence from small-business data
    • Petersen M., Rajan R. The benefits of firm-creditor relationships: evidence from small-business data. J. Finance 1994, 49:3-37.
    • (1994) J. Finance , vol.49 , pp. 3-37
    • Petersen, M.1    Rajan, R.2
  • 55
    • 84977702514 scopus 로고
    • Insiders and outsiders: the choice between informed and arm's-length debt
    • Rajan R. Insiders and outsiders: the choice between informed and arm's-length debt. J. Finance 1992, 47:1367-1400.
    • (1992) J. Finance , vol.47 , pp. 1367-1400
    • Rajan, R.1
  • 56
    • 0001051586 scopus 로고    scopus 로고
    • Financial dependence and growth
    • Rajan R., Zingales L. Financial dependence and growth. Amer. Econ. Rev. 1998, 88:559-586.
    • (1998) Amer. Econ. Rev. , vol.88 , pp. 559-586
    • Rajan, R.1    Zingales, L.2
  • 57
    • 0037633994 scopus 로고    scopus 로고
    • The great reversals: the politics of financial development in the twentieth century
    • Rajan R., Zingales L. The great reversals: the politics of financial development in the twentieth century. J. Finan. Econ. 2003, 69:5-50.
    • (2003) J. Finan. Econ. , vol.69 , pp. 5-50
    • Rajan, R.1    Zingales, L.2
  • 59
    • 84861191533 scopus 로고    scopus 로고
    • Reserve Bank of India, Performance of Private Corporate Sector in the Post Liberalization Period. Reserve Bank of India Bulletin, November.
    • Reserve Bank of India, 2005. Performance of Private Corporate Sector in the Post Liberalization Period. Reserve Bank of India Bulletin, November.
    • (2005)
  • 60
    • 84861201597 scopus 로고    scopus 로고
    • Size and Measurement of the Informal Economy in 110 Countries Around the World. Working Paper, World Bank.
    • Schneider, F., 2002. Size and Measurement of the Informal Economy in 110 Countries Around the World. Working Paper, World Bank.
    • (2002)
    • Schneider, F.1
  • 61
    • 0041939196 scopus 로고    scopus 로고
    • Shadow economies: sizes, causes, and consequences
    • Schneider F., Enste D. Shadow economies: sizes, causes, and consequences. J. Econ. Lit. 2000, 38:77-114.
    • (2000) J. Econ. Lit. , vol.38 , pp. 77-114
    • Schneider, F.1    Enste, D.2
  • 62
    • 0002303376 scopus 로고    scopus 로고
    • Social relations and cooperation in organizations
    • Spagnolo G. Social relations and cooperation in organizations. J. Econ. Behav. Organ. 1999, 38:1-25.
    • (1999) J. Econ. Behav. Organ. , vol.38 , pp. 1-25
    • Spagnolo, G.1
  • 63
    • 76549092594 scopus 로고    scopus 로고
    • The 'antidirector rights index' revised
    • Spamann H. The 'antidirector rights index' revised. Rev. Finan. Stud. 2010, 23:467-486.
    • (2010) Rev. Finan. Stud. , vol.23 , pp. 467-486
    • Spamann, H.1
  • 64
    • 0036790491 scopus 로고    scopus 로고
    • A survey of weak instruments and weak identification in generalized method of moments
    • Stock J., Wright J., Yogo M. A survey of weak instruments and weak identification in generalized method of moments. J. Bus. Econ. Statist. 2002, 20:518-529.
    • (2002) J. Bus. Econ. Statist. , vol.20 , pp. 518-529
    • Stock, J.1    Wright, J.2    Yogo, M.3
  • 65
    • 23944437887 scopus 로고    scopus 로고
    • The limits of financial globalization (Presidential address)
    • Stulz R. The limits of financial globalization (Presidential address). J. Finance 2005, 60:1595-1638.
    • (2005) J. Finance , vol.60 , pp. 1595-1638
    • Stulz, R.1
  • 66
    • 84858597451 scopus 로고    scopus 로고
    • Legal reform and loan repayment: the microeconomic impact of debt recovery tribunals in India
    • Visaria S. Legal reform and loan repayment: the microeconomic impact of debt recovery tribunals in India. Amer. Econ. J.: Appl. Econ. 2009, 1:59-81.
    • (2009) Amer. Econ. J.: Appl. Econ. , vol.1 , pp. 59-81
    • Visaria, S.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.