The recent episodes of global financial crises have had significant effects on firms financial decisions and profitability, as well as on their investment and growth. Although it is widely accepted that financial crises ...

In this paper we study the effect of financial constraints on innovation using data from a 2007 survey of more than 10,000 Chilean firms. In contrast with other surveys, this dataset allows for the construction of a direct ...

This paper discusses the determinants of capital structure with a focus on both publicly-owned and privately-owned firms. We use annual financial statement data for over 1,000 publicly-owned and privately-owned Brazilian ...

We analyze the extent to which firm size determines the relationship between growth opportunities and bank debt in the Chilean corporate sector. Using generalized method of moments (GMM) system estimator techniques in ...

Objective: The objective of this study is to analyze the effects of the financial constraints on cash management of the Brazilian sugarcane industry. Method: Fixed-effects panel regression was employed as research method, ...