Investments, Credit, and Corporate Financial Distress: Evidence from Central and Eastern Europe

Although they are instrumental for economic development, productivity-enhancing corporate investments may increase the financial vulnerability of companies, especially in an economic and financial crisis. We employ an instrumental probit model with the aim of finding evidence for the investment and...

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Veröffentlicht in:	Emerging markets finance & trade 2018-01, Vol.54 (3), p.677-689
Hauptverfasser:	Männasoo, Kadri, Maripuu, Peeter, Hazak, Aaro
Format:	Artikel
Sprache:	eng
Schlagworte:	Central and Eastern Europe corporate financial distress credit Debt financing Economic crisis International finance investments
Online-Zugang:	Volltext
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