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Financial constraints on investments and credit policy in Korea

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  • Laeven, Luc

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  • Laeven, Luc, 2002. "Financial constraints on investments and credit policy in Korea," Journal of Asian Economics, Elsevier, vol. 13(2), pages 251-269.
    • Handle: RePEc:eee:asieco:v:13:y:2002:i:2:p:251-269
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    10. Steven M. Fazzari & R. Glenn Hubbard & Bruce C. Petersen, 1988. "Financing Constraints and Corporate Investment," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 19(1), pages 141-206.
    11. Sang-Woo Nam, 1996. "The Principal Transactions Bank System in Korea and a Search for a New Bank-Business Relationship," NBER Chapters, in: Financial Deregulation and Integration in East Asia, pages 277-306, National Bureau of Economic Research, Inc.
    12. Hayashi, Fumio & Inoue, Tohru, 1991. "The Relation between Firm Growth and Q with Multiple Capital Goods: Theory and Evidence from Panel Data on Japanese Firms," Econometrica, Econometric Society, vol. 59(3), pages 731-753, May.
    13. Whited, Toni M, 1992. "Debt, Liquidity Constraints, and Corporate Investment: Evidence from Panel Data," Journal of Finance, American Finance Association, vol. 47(4), pages 1425-1460, September.
    14. Cho, Y.J. & Kim, J.K., 1995. "Credit Policies and the Industrialization of Korea," World Bank - Discussion Papers 286, World Bank.
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    Cited by:

    1. Jaewoon Koo & Kyunghee Maeng, 2006. "Foreign ownership and investment: evidence from Korea," Applied Economics, Taylor & Francis Journals, vol. 38(20), pages 2405-2414.
    2. Zulkefly Abdul Karim & Mohd Azlan Shah Zaidi, 2015. "Monetary Policy, Firm Size and Equity Returns in An Emerging Market: Panel Evidence of Malaysia," Asian Academy of Management Journal of Accounting and Finance (AAMJAF), Penerbit Universiti Sains Malaysia, vol. 11(2), pages 29-55.
    3. Hall, Chris & Harvie, Charles, 2003. "A Comparison of the Performance of SMEs in Korea and Taiwan: Policy Implications for Turbulent Times," Economics Working Papers wp03-05, School of Economics, University of Wollongong, NSW, Australia.
    4. Driffield, Nigel & Pal, Sarmistha, 2006. "Do external funds yield lower returns?: Recent evidence from East Asian economies," Journal of Asian Economics, Elsevier, vol. 17(1), pages 171-188, February.
    5. Damane, Moeti, 2024. "Quantile Regression Analysis of the Economic Impact of Business and Household Credit in Lesotho," MPRA Paper 121954, University Library of Munich, Germany.
    6. Jaewoon Koo & Sunwoo Shin, 2004. "Financial Liberalization and Corporate Investments: Evidence from Korean Firm Data," Asian Economic Journal, East Asian Economic Association, vol. 18(3), pages 277-292, September.
    7. Carlos Carreira & Filipe Silva, 2010. "No Deep Pockets: Some Stylized Empirical Results On Firms’ Financial Constraints," Journal of Economic Surveys, Wiley Blackwell, vol. 24(4), pages 731-753, September.
    8. Lee, Changkeun & Won, Cheongyeon, 2021. "Job reallocation in Korean manufacturing: 1984–2014," Journal of Asian Economics, Elsevier, vol. 74(C).
    9. Koo, Jaewoon & Maeng, Kyunghee, 2005. "The effect of financial liberalization on firms' investments in Korea," Journal of Asian Economics, Elsevier, vol. 16(2), pages 281-297, April.
    10. Ogawa, Kazuo, 2015. "Firm investment, liquidity and bank health: A panel study of Asian firms in the 2000s," Journal of Asian Economics, Elsevier, vol. 38(C), pages 44-54.
    11. Jia Liu & Dong Pang, 2009. "Financial factors and company investment decisions in transitional China," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 30(2), pages 91-108.
    12. Abdelghani Koura & Abdeslam Boudhar & Mohamed Oudgou, 2024. "Convergence of public policies: Aligning policies and actors for sustainable financing of Moroccan SMEs—MACTOR analysis," Post-Print hal-04719058, HAL.
    13. Heshmati, Almas, 2013. "The Effect of Credit Guarantees on R&D Investment of SMEs in Korea," IZA Discussion Papers 7851, Institute of Labor Economics (IZA).
    14. Achmad Tohirin & Mohd Adib Ismail, 2016. "Financial constraints and Islamic finance: Lesson learned from external financing perspective," Economic Journal of Emerging Markets, Universitas Islam Indonesia, vol. 8(2), pages 98-108, April.
    15. Christopher Gan & Dao Le Trang Anh, 2019. "Should Firms Keep a Balance between State and Foreign Ownership? A Perspective on Financial Constraints and Investments in Vietnam," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 9(4), pages 517-530, April.
    16. Ismail, Mohd Adib & ibrahim, Mansor & zainal, Mohd & Yusoff, Mohammed, 2013. "Was Bail-Out A Success? Evidence from the Investment-Cash Flow Relationship," Jurnal Ekonomi Malaysia, Faculty of Economics and Business, Universiti Kebangsaan Malaysia, vol. 47(1), pages 31-40.
    17. Koura Abdelghani & Boudhar Abdeslam & Mohamed Koura Oudgou, 2024. "Advancements in the Moroccan SMEs' Financing Ecosystem Catalysing SME Development through Funding strategic Investment," Post-Print hal-04681802, HAL.
    18. Rousseau, Peter L. & Kim, Jong Hun, 2008. "A flight to Q? Firm investment and financing in Korea before and after the 1997 financial crisis," Journal of Banking & Finance, Elsevier, vol. 32(7), pages 1416-1429, July.

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