rdf-syntax-grammar
mods:
  schema location: http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
  title info:
    title: Financial Market Imperfections and Corporate Decisions
    sub title: Lessons from the Transition Process in Hungary
  name:
    name part: Colombo, Emilio.
    role:
      role term: creator
    role:
      role term: author.
  name:
    name part: Stanca, Luca.
    role:
      role term: author.
  name:
    name part: SpringerLink (Online service)
  type of resource: text
  origin info:
    place:
      place term: gw
    date issued: 2006
    issuance: monographic
  language:
    language term: eng
  physical description:
    form: electronic
    form: electronic resource
    reformatting quality: access
    form: remote
    extent: X, 174 p. 50 illus. online resource.
  abstract: The book presents the results of an empirical investigation of the behaviour of Hungarian firms during the transition process focusing in particular on the role of financial market imperfections for corporate capital structure and investment decisions. The results suggest that financial market reforms have succeeded, albeit partially, in hardening firms's budget constraints and improving the efficiency of the credit allocation process. In particular, following the introduction of the banking sector reform and of the new bankruptcy law, budget constraints became more binding for small private firms, while informational costs became less relevant for foreign-owned firms.
  table of contents: Financial market imperfections and corporate decisions: theory and evidence -- The transformation of the Hungarian financial system -- Patterns of corporate financial positions -- The determinants of corporate capital structure -- Financial constraints and investment decisions -- Conclusions.
  note: by Emilio Colombo, Luca Stanca.
  subject:
    topic: Finance
  subject:
    topic: Economics
  subject:
    topic: Management science
  subject:
    topic: Macroeconomics
  subject:
    topic: Public finance
  subject:
    topic: Economics
  subject:
    topic: Economics, general
  subject:
    topic: Public Economics
  subject:
    topic: Macroeconomics/Monetary Economics//Financial Economics
  subject:
    topic: Finance, general
  classification: HB71-74
  classification: 330
  related item:
    title info:
      title: Springer eBooks
  related item:
    title info:
      title: Contributions to Economics
  identifier: 9783790816716
  identifier: http://dx.doi.org/10.1007/3-7908-1671-X
  record info:
    record creation date: 100301
    record change date: 20151204160913.0
    record identifier: 978-3-7908-1671-6