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Internal Capital Markets in Times of Crisis: The Benefit of Group Affiliation in Italy

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NBER2017-06-01 更新2025-01-04 收录
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Italys economic and banking systems have been under stress in the wake of the Global Financial Crisis and Euro Crisis. Firms in business groups have been more likely to survive this challenging environment, compared to unaffiliated firms. Better performance stems from access to an internal capital

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2017-06-01
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