Corporate Resilience to Banking Crises: The Roles of Trust and Trade Credit
收藏NBER2016-04-01 更新2025-01-04 收录
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https://www.nber.org/papers/w22153
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资源简介:
Are firms more resilient to systemic banking crises in economies with higher levels of social trust? Using firm-level data in 34 countries from 1990 through 2011, we find that liquidity-dependent firms in high-trust countries obtain more trade credit and suffer smaller drops in profits and
提供机构:
美国国家经济研究局
创建时间:
2016-04-01



