Taking the Bad with the Good : Volatility of Foreign Portfolio Investment and Financial Constraints of Small Firms

The author examines the impact of the volatility of foreign portfolio investment on the financial constraints of small firms. Using a dataset of over 195,000 firm-year observations across 53 countries, she examines the impact of foreign portfolio investment instability on capital issuance and firm g...

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Bibliographic Details
Main Author: Knill, April M.
Format: Policy Research Working Paper
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2005/12/6474501/taking-bad-good-volatility-foreign-portfolio-investment-financial-constraints-small-firms
http://hdl.handle.net/10986/8554