Enterprise adjustment and the role of bank credit in Russia: evidence from a 420 firms qualitative survey - HAL Accéder directement au contenu
Article dans une revue Comparative Economic Studies Année : 1999

Enterprise adjustment and the role of bank credit in Russia: evidence from a 420 firms qualitative survey

Résumé

This paper is based on a 1996 industrial survey of 420 Russian firms' actual position, as opposed to their expectations and declared intentions. Factor analysis and ordered Probit techniques are used to test relationships between the various responses. The main conclusions are: 1) profit depends upon real productive performances, and, to a lesser extent, on financial discipline; 2) the demand for credit comes mainly from the worst-off firms or those already indebted; 3) the actual distribution of bank credit is allocated mostly to distressed firms, with poor performance and weak financial position.
Loading...

Dates et versions

halshs-00468746, version 1 (31-03-2010)

Identifiants

Citer

Sophie Brana, Mathilde Maurel, Jérôme Sgard. Enterprise adjustment and the role of bank credit in Russia: evidence from a 420 firms qualitative survey. Comparative Economic Studies, 1999, 44 (4), pp.47-69. ⟨10.1057/ces.1999.18⟩. ⟨halshs-00468746⟩
38 Consultations
0 Téléchargements
Dernière date de mise à jour le 20/04/2024
comment ces indicateurs sont-ils produits

Altmetric

Partager

Gmail Facebook Twitter LinkedIn Plus