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Internal capital markets and capital structure: Bank versus internal debt. [PDF]

open access: yes
Recent empirical evidence has shown that internal capital markets within multinational corporations are used to reduce overall financing costs by optimizing the mix of internal and external debt of affiliates in different countries.
Dewaelheyns, Nico, Van Hulle, Cynthia
core  

Developing country capital structures and emerging stock markets [PDF]

open access: yes
In the developing world financing patterns vary greatly from what we observe in developed countries. In the poorest developing countries firms rely mostly on internal resources and informal credit markets for financing.
Demirguc-Kunt, Asli
core  

Corporate Capital Budgeting Decisions and Information Sharing [PDF]

open access: yes
Firms must overcome agency and information asymmetry problems to make efficient corporate capital budgeting decisions; this is particularly true for firms with multiple units dispersed across geographic locations.
Abigail S. Hornstein, Minyuan Zhao
core  

Internal capital markets and capital structure: Bank versus internal debt

open access: yes, 2007
Recent empirical evidence has shown that internal capital markets within multinational corporations are used to reduce overall financing costs by optimizing the mix of internal and external debt of affiliates in different countries.
Dewaelheyns, Nico, Van Hulle, Cynthia
core  

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