Corporate Financial Structures and Performance in Developing Countries
Author (s):
Dilip Ratha, Sanket Mohapatra, and Philip Suttle
Date:
2003
Abstract:
There is a need to improve the quality and time- liness of corporate data in developing countries. Corporate scandals in the major industrial countries have underlined the deficiencies of corporate information in the major markets. As more development finance is channeled through the corporate sector, and with financial markets apt to adjust sharply in response to surprises, it has become important for policy makers and market participants alike to be aware of the scope of the risks that domestic corporates are running. This is not easy to do with the information currently available.
URL:
http://siteresources.worldbank.org/INTRGDF/Resources/GDF2003-Chapter5.pdf
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