Umfang:
1 Online-Ressource
Ausgabe:
Online-Ausgabe World Bank E-Library Archive Sonstige Standardnummer des Gesamttitels: 041181-4
Ausgabe:
Also available in print.
Serie:
Policy research working paper 2544
Inhalt:
A secured letter-of-credit loan allows a lender to make larger loans than would be permissible on an unsecured basis, maximizing a risky borrower's investment capital. Empirical evidence shows that secured letters of credit are used by borrowers who are informationally opaque and have higher observable risk. Such borrowers also have fewer growth opportunities and are less likely to pay dividends
Anmerkung:
"February 2001"--Cover. - Includes bibliographical references (p. 32-33). - Title from title screen as viewed on Sept. 18, 2002
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Erscheinungsjahr in Vorlageform:[2001]
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Weitere Ausgabe: Klapper, Leora : The uniqueness of short-term collateralization
Weitere Ausg.:
Reproduktion von Klapper, Leora The uniqueness of short-term collateralization 2001
Sprache:
Englisch
URL:
Volltext
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