Capital Market and Bank Financing of Non-Financial Companies in the CEE Countries: Selected Issues

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216305%3A26510%2F09%3APU85955" target="_blank" >RIV/00216305:26510/09:PU85955 - isvavai.cz</a>

Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

čeština

Název v původním jazyce

Capital Market and Bank Financing of Non-Financial Companies in the CEE Countries: Selected Issues

Popis výsledku v původním jazyce

The paper deals with the external financing of non-financial companies in Central and Eastern Europe. The text stems from the classification of the national financial systems into two boundary types - the market-based and the bank-based. The main differentiating feature is the role and significance of various types of financial intermediaries and financing tools. The relative importance of the two systems and their impact on the long-run economic growth is the subject of long-standing debate. As apparent, financial system type affects the availability of external funds, corporate governance regime and even stability of the economic system as a whole. Many economists have argued that bank-based systems constitute more appropriate structure during the early stages of economic development and in weak institutional conditions. It also seems (based on Germany example) that convergence to market-based system is the important requirement in order to attract international investors. The goal o

Název v anglickém jazyce

Capital Market and Bank Financing of Non-Financial Companies in the CEE Countries: Selected Issues

Popis výsledku anglicky

The paper deals with the external financing of non-financial companies in Central and Eastern Europe. The text stems from the classification of the national financial systems into two boundary types - the market-based and the bank-based. The main differentiating feature is the role and significance of various types of financial intermediaries and financing tools. The relative importance of the two systems and their impact on the long-run economic growth is the subject of long-standing debate. As apparent, financial system type affects the availability of external funds, corporate governance regime and even stability of the economic system as a whole. Many economists have argued that bank-based systems constitute more appropriate structure during the early stages of economic development and in weak institutional conditions. It also seems (based on Germany example) that convergence to market-based system is the important requirement in order to attract international investors. The goal o

Druh

D - Stať ve sborníku

CEP obor

AH - Ekonomie

OECD FORD obor

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Projekt

<a href="/cs/project/GP402%2F08%2FP531" target="_blank" >GP402/08/P531: Vybrané úvahy o zdrojích financování z kapitálových trhů v podmínkách českých nadnárodních podniků</a><br>

Návaznosti

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Rok uplatnění

2009

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

Finanzierung von KMU in Osteuropa - Konferenz der HTW Dresden am 20.und 21. November 2009.

ISBN

978-3-640-49154-4

ISSN

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e-ISSN

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Počet stran výsledku

221

Strana od-do

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Název nakladatele

Hochschule für Technik und Wirtschaft

Místo vydání

Dresden

Místo konání akce

Dresden

Datum konání akce

20. 11. 2009

Typ akce podle státní příslušnosti

EUR - Evropská akce

Kód UT WoS článku

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