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BNDES loans and the financial constraints of Brazilian publicly traded companies

Purpose- The purpose of this paper is to analyze whether companies that contracted loans from the Brazilian National Bank for Economic and Social Development (BNDES) between 2002 and 2014 were able to invest more than companies that did not. The literature on financial constraints, particularly that...

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Bibliografiske detaljer
Udgivet i:RAUSP Management Journal
Principais autores: Walter Eclache da Silva, Eduardo Kayo, Roy Martelanc
Format: Artigo
Sprog:Inglês
Udgivet: Universidade de São Paulo 2020
Fag:
Online adgang:https://www.redalyc.org/articulo.oa?id=553865135009
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