Formal Versus Informal Finance : Evidence from China

Formal Versus Informal Finance : Evidence from China

The fast growth of Chinese private sector firms is taken as evidence that informal finance can facilitate firm growth better than formal banks in developing countries. We examine firm financing patterns and growth using a database of twenty-four hundred Chinese firms. While a relatively small percen...

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Bibliographic Details
Main Authors: Ayyagari, Meghana, Demirguc-Kunt, Asli, Maksimovic, Vojislav
Format: Journal Article
Language:EN
Published: 2012
Subjects:
Banks
Other Depository Institutions
Micro Finance Institutions
Mortgages G210
Financing Policy
Financial Risk and Risk Management
Capital and Ownership Structure G320
Firm Performance: Size, Diversification, and Scope L250
Economic Development: Financial Markets
Saving and Capital Investment
Corporate Finance and Governance O160
Socialist Institutions and Their Transitions: Financial Economics P340
Online Access:http://hdl.handle.net/10986/4818

Internet

http://hdl.handle.net/10986/4818

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