Academic Journal
| العنوان: | [Untitled] |
|---|---|
| المساهمون: | The Pennsylvania State University CiteSeerX Archives |
| المصدر: | http://joeg.oxfordjournals.org/cgi/reprint/lbh071v1.pdf. |
| المجموعة: | CiteSeerX |
| مصطلحات موضوعية: | Financial systems, SMEs, local capital markets, regional equity gaps, policy |
| الوصف: | Decentralized versus centralized financial systems: is there a case for local capital markets? Britta Klagge * and Ron Martin** In recent years, stimulated by globalization, technological innovation and intensifying international competition, there has been a growing trend towards the increasing institutional and geographical concentration of financial systems and markets. At the same time, there has been mounting academic and policy interest in the financing problems faced by new and small firms, which are widely considered to suffer from a ‘funding gap’. These twin developments provide the motivation for this paper, which seeks to throw some theoretical and empirical light on the question of whether the spatial organization of the financial system impacts on the flows of capital to small firms across regions. Is it the case that a heavily spatially-centralized |
| نوع الوثيقة: | text |
| وصف الملف: | application/pdf |
| اللغة: | English |
| Relation: | http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.137.3647; http://joeg.oxfordjournals.org/cgi/reprint/lbh071v1.pdf |
| الاتاحة: | http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.137.3647 http://joeg.oxfordjournals.org/cgi/reprint/lbh071v1.pdf |
| Rights: | Metadata may be used without restrictions as long as the oai identifier remains attached to it. |
| رقم الانضمام: | edsbas.A33341A6 |
| قاعدة البيانات: | BASE |
| الوصف غير متاح. |