A couple of about three relationship coefficients increase in magnitude
In the event the all of our relationship details operate better proxies to own capital opportunities than simply having relationships, brand new introduction out of transformation growth in the fresh regression is slow down the magnitude of the coefficients considerably
Centered on the hypothesis, providers you will funds by themselves which have greater degrees of expensive exchange borrowing, not simply whenever institutions limitation its use of borrowing from the bank in addition to if they have ideal financial support options. Read more →
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