Debt or equity? : how firms in developing countries choose

Long stifled by government controls, emerging market (EM) corporate finance is changing dramatically as recent liberalization is revitalizing stagnant domestic capital markets and permitting increased access to overseas markets. This paper examines how EM firms choose between debt and equity in thei...

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Bibliographic Details
Main Author: Glen, Jack D
Corporate Author: Corporación Financiera Internacional
Other Authors: Pinto, Brian
Format: Book
Published: Washington, D.C. World Bank 1994
Series:Discussion paper no. 22
Subjects: