Firm Investment and Balance-Sheet Problems in Japan /
This paper investigates whether balance-sheet conditions of firms and their main banks matter for firm investment behavior using dynamic corporate panel data in Japan for the period 1985-95. It finds that smaller non-bond issuing firms were facing liquidity constraints; these firms' balance-she...
Hlavní autor: | |
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Médium: | Časopis |
Jazyk: | English |
Vydáno: |
Washington, D.C. :
International Monetary Fund,
1999.
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Edice: | IMF Working Papers; Working Paper ;
No. 1999/111 |
On-line přístup: | Full text available on IMF |