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Financial credibility, ownership, and financing constraints in private firms

Hope, Ole-Kristian, Thomas, Wayne, Vyas, Dushyantkumar

Journal of International Business Studies · 2011 · Volume 42 · Issue 7

DOI: 10.1057/jibs.2011.23

Abstract

As shown in the international business literature, the ability of controlling owners to extract private benefits is greater in countries with weaker legal

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