Economics, Econometrics and Finance
4 years ago

Active securities markets alongside banks boost corporate financing stability during crises.

2 views
RePEc: Research Papers in Economics
Multiple Avenues of Intermediation, Corporate Finance and Financial Stability
E Davis

Paper Summary

The study shows that having both banks and securities markets benefits the economy. When companies can get funding from both sources, it helps them stay stable during tough times. The bigger the securities market and the more companies that can use both banks and securities, the better. This research suggests that having multiple ways to get money can help companies weather financial crises.

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