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Financing Enterprises in the Czech Republic: Debt and Firm-specific Variables

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  • Debora Revoltella

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    Abstract

    This paper investigates the effects of firm specific variables on indebtedness, and thus financing decisions in the Czech Republic during the first years of transition. By estimating a Structural Equation Model with latent variables, the paper analyses the determinants of credit demand and supply in order to understand to what an extent they testify the transformation of both enterprises financing strategies and credit allocation policies and thus the emergence of a new financial discipline. Copyright Kluwer Academic Publishers 2001

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    File URL: http://hdl.handle.net/10.1023/A:1011806821722
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    Bibliographic Info

    Article provided by Springer in its journal Economics of Planning.

    Volume (Year): 34 (2001)
    Issue (Month): 3 (October)
    Pages: 231-246

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    Handle: RePEc:kap:ecopln:v:34:y:2001:i:3:p:231-246

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    Web page: http://www.springerlink.com/link.asp?id=113294

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    Cited by:
    1. Nivorozhkin, Eugene, 2004. "Financing Choices of Firms in EU Accession Countries," Ratio Working Papers 33, The Ratio Institute.
    2. Nivorozhkin, Eugene, 2005. "Financing choices of firms in EU accession countries," Emerging Markets Review, Elsevier, vol. 6(2), pages 138-169, June.

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