Legal environment and corporate finance: evidence from the Italian manufacturing industry

Abstract Considering the Italian manufacturing industry between 2014 and 2016 (more than 250,000 observations), this technical note analyzes the relation between the courts’ ability to enforce credit rights and the opportunity to finance business activities with trade credits instead of financial de...

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Autores principales: Greta Falavigna, Roberto Ippoliti
Formato: article
Lenguaje:EN
Publicado: SpringerOpen 2021
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Acceso en línea:https://doaj.org/article/0f64555615464eef9cda966cf74bb05d
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