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

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  • Revoltella, Debora

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 2001 by Kluwer Academic Publishers

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  • Revoltella, Debora, 2001. "Financing Enterprises in the Czech Republic: Debt and Firm-Specific Variables," Economic Change and Restructuring, Springer, vol. 34(3), pages 231-246.
    • Handle: RePEc:kap:ecopln:v:34:y:2001:i:3:p:231-46
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    Cited by:

    1. Nivorozhkin, Eugene, 2004. "Financing choices of firms in EU accession countiries," BOFIT Discussion Papers 6/2004, Bank of Finland, Institute for Economies in Transition.
    2. Nivorozhkin, Eugene, 2005. "Financing choices of firms in EU accession countries," Emerging Markets Review, Elsevier, vol. 6(2), pages 138-169, June.
    3. Nivorozhkin, Eugene, 2004. "Financing Choices of Firms in EU Accession Countries," Ratio Working Papers 33, The Ratio Institute.
    4. repec:zbw:bofitp:2004_006 is not listed on IDEAS

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