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Internal Capital Markets, Bank Borrowing, and Financing Constraints: Evidence from Belgian Firms

Опубликовано на портале: 14-06-2006
Journal of Business Finance & Accounting. 1998.  Vol. 25. No. 7/8. P. 945-968. 
Presents information on the interpretation regarding the Belgian firms belonging to a corporate group, where investment is incompletely financed on an internal capital market of the group. How many firms are indirectly controlled; Important role the holding companies and corporate groups play in the financing of Belgian firms; Reference to the tracing of origins of these networks.

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