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Choosing not to borrow: Imprinting effects of informality on firms’ credit self-rationing

While firm financing constraints have been widely studied, limited attention has been paid to credit self-rationing. Based on the imprinting hypothesis and firm-level data from 30 countries, this study finds that informal experience significantly increases the likelihood of avoiding formal credit. T...

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Bibliografiske detaljer
Hovedforfatter: Wenwen Jin
Format: Artigo
Sprog:Inglês
Udgivet: Elsevier 2026-03-01
Serier:Borsa Istanbul Review
Fag:
Online adgang:http://www.sciencedirect.com/science/article/pii/S2214845026000050
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