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Did financial liberalization ease financing constraints? Evidence from Indian firm-level data
16 references·16 citing·37 second hopsampled
Did financial liberalization ease financing constraints? Evidence from Indian firm-level data (2006)Did financial liberalization ease financi…Does financial liberalization spur growth? (2005)Does financial liberalization…Do Rural Banks Matter? Evidence from the Indian Social Banking Experiment (2005)Do Rural Banks Matter? Eviden…Trade Credit, Financial Intermediary Development, and Industry Growth (2003)Trade Credit, Financial Inter…Financial development, property rights and growth (2003)Financial development, proper…Financial Development and Financing Constraints: International Evidence from the Structural Investment Model (2003)Financial Development and Fin…Economic Reforms in India Since 1991: Has Gradualism Worked? (2002)Economic Reforms in India Sin…Is Group Affiliation Profitable in Emerging Markets? An Analysis of Diversified Indian Business Groups (2000)Is Group Affiliation Profitab…Financial Dependence and Growth (1996)Financial Dependence and Grow…Evidence on the role of cash flow for investment (1995)Evidence on the role of cash …Debt, Liquidity Constraints, and Corporate Investment: Evidence from Panel Data (1992)Debt, Liquidity Constraints, …Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations (1991)Some Tests of Specification f…Corporate Structure, Liquidity, and Investment: Evidence from Japanese Industrial Groups (1991)Corporate Structure, Liquidit…Financing Constraints and Corporate Investment (1988)Financing Constraints and Cor…Financing Constraints and Corporate Investment (1987)Financing Constraints and Cor…Corporate financing and investment decisions when firms have information that investors do not have (1984)Corporate financing and inves…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the firm: Manageria…Stock market openness and ESG performance: Evidence from Shanghai-Hong Kong connect program (2023)Stock market openness and ESG…Financial condition, working capital policy and profitability: evidence from Indian companies (2023)Financial condition, working …Leverage and performance: do size and crisis matter? (2020)Leverage and performance: do …How does stock market liberalization influence corporate innovation? Evidence from Stock Connect scheme in China (2020)How does stock market liberal…Working capital financing, firm performance and financial constraints (2019)Working capital financing, fi…Investment and financial constraints in Indian firms: Does working capital smoothen fixed investment? (2018)Investment and financial cons…Financing constraints and investment efficiency: evidence from a panel of Canadian forest firms (2018)Financing constraints and inv…Why is it a man’s world, after all? Women on bank boards in India (2016)Why is it a man’s world, afte…Economic value added or earnings: What explains market value in Indian firms? (2016)Economic value added or earni…Financial constraints, bank concentration and SMEs: evidence from Pakistan (2015)Financial constraints, bank c…Investment–cash flow sensitivity and financing constraints: New evidence from Indian business group firms (2010)Investment–cash flow sensitiv…Financing of SME firms in India (2010)Financing of SME firms in Ind…Finance and poverty: Evidence from fixed effect vector decomposition (2009)Finance and poverty: Evidence…Leverage, foreign borrowing and corporate performance: firm-level evidence for India (2008)Leverage, foreign borrowing a…Leverage, managerial monitoring and firm valuation: A simultaneous equation approach (2007)Leverage, managerial monitori…Bank monitoring, managerial ownership and Tobin's Q: an empirical analysis for India (2007)Bank monitoring, managerial o…Specification Tests in Econometrics (1978)Another look at the instrumental variable estimation of error-components models (1995)Initial conditions and moment restrictions in dynamic panel data models (1998)Econometric Analysis of Cross Section and Panel Data (2001)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)The Financial Accelerator in a Quantitative Business Cycle Framework (1998)Corporate social responsibility and access to finance (2013)Credit Rationing in Markets with Imperfect Information (1981)A Contribution to the Empirics of Economic Growth (1992)Financial intermediation and growth: Causality and causes (2000)Finance and Growth: Theory and Evidence (2004)Law, finance, and economic growth in China (2005)Agency costs of free cash flow, corporate finance, and takeovers (1996)The Nature of the Firm (1937)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Pricing of Options and Corporate Liabilities (1973)Separation of Ownership and Control (1983)On the mechanics of economic development (1988)Legal Determinants of External Finance (1997)Law and Finance (1998)Financial Globalization: A Reappraisal (2006)Liquidity and Expected Returns: Lessons from Emerging Markets (2007)Dilemma not Trilemma: The Global Financial Cycle and Monetary Policy Independence (2015)Determinants of corporate borrowing (1977)The Capital Structure Puzzle (1984)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)The Economic Institutions of Capitalism (1987)Incentives versus standards: properties of accounting income in four East Asian countries (2003)Corporate Governance, Economic Entrenchment and Growth (2004)Financial and Legal Constraints to Growth: Does Firm Size Matter? (2005)What Do We Know about Capital Structure? Some Evidence from International Data (1995)A Survey of Corporate Governance (1997)Investor protection and corporate governance (2000)The Benefits of Lending Relationships: Evidence from Small Business Data (1994)Threshold effects in non-dynamic panels: Estimation, testing, and inference (1999)New Evidence on Measuring Financial Constraints: Moving Beyond the KZ Index (2010)
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References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 1991Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations33,089 cited
  • 1984Corporate financing and investment decisions when firms have information that investors do not have18,936 cited
  • 1996Financial Dependence and Growth8,055 cited
  • 1988Financing Constraints and Corporate Investment5,566 cited
  • 1987Financing Constraints and Corporate Investment4,354 cited
  • 2000Is Group Affiliation Profitable in Emerging Markets? An Analysis of Diversified Indian Business Groups2,588 cited
  • 1991Corporate Structure, Liquidity, and Investment: Evidence from Japanese Industrial Groups2,361 cited
  • 2005Does financial liberalization spur growth?2,011 cited
  • 1992Debt, Liquidity Constraints, and Corporate Investment: Evidence from Panel Data1,686 cited
  • 2005Do Rural Banks Matter? Evidence from the Indian Social Banking Experiment1,462 cited
  • 1995Evidence on the role of cash flow for investment1,174 cited
  • 2003Trade Credit, Financial Intermediary Development, and Industry Growth1,052 cited
  • 2003Financial development, property rights and growth971 cited
  • 2003

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Financial Development and Financing Constraints: International Evidence from the Structural Investment Model
966 cited
  • 2002Economic Reforms in India Since 1991: Has Gradualism Worked?687 cited
  • Cited by

    • 2019Working capital financing, firm performance and financial constraints93 cited
    • 2009Finance and poverty: Evidence from fixed effect vector decomposition89 cited
    • 2010Investment–cash flow sensitivity and financing constraints: New evidence from Indian business group firms77 cited
    • 2010Financing of SME firms in India75 cited
    • 2016Economic value added or earnings: What explains market value in Indian firms?60 cited
    • 2020How does stock market liberalization influence corporate innovation? Evidence from Stock Connect scheme in China57 cited
    • 2020Leverage and performance: do size and crisis matter?53 cited
    • 2008Leverage, foreign borrowing and corporate performance: firm-level evidence for India52 cited
    • 2023Stock market openness and ESG performance: Evidence from Shanghai-Hong Kong connect program44 cited
    • 2007Leverage, managerial monitoring and firm valuation: A simultaneous equation approach38 cited
    • 2016Why is it a man’s world, after all? Women on bank boards in India37 cited
    • 2018Investment and financial constraints in Indian firms: Does working capital smoothen fixed investment?29 cited
    • 2007Bank monitoring, managerial ownership and Tobin's Q: an empirical analysis for India26 cited
    • 2023Financial condition, working capital policy and profitability: evidence from Indian companies24 cited
    • 2015Financial constraints, bank concentration and SMEs: evidence from Pakistan24 cited
    • 2018Financing constraints and investment efficiency: evidence from a panel of Canadian forest firms23 cited