Direct Access to the Debt Capital Market by Unlisted Companies in Italy. Effect of Changes in Civil Law: an Empirical Investigation

RICCIO, GIUSEPPE
In corso di stampa

Abstract

This paper examines the effects of changes in civil and fiscal law made to facilitate direct access to the debt capital market by unlisted companies in Italy, in order to allow companies (particularly SMEs) to cope with the persisting credit crunch. Despite the slow start, corporate finance regulations have created some "work in progress", so that a greater use of direct financing through bonds, in addition to bank credit, is pratically at hand.
In corso di stampa
Inglese
Financial Crisis, changing patterns in banks behaviour and Crediti Crunch
CONTRIBUTIONS TO ECONOMICS
Vari
ROSSI S; MALAVASI R
Springer
BERLIN
Financial structure; Credit crunch; Corporate bond
info:eu-repo/semantics/bookPart
2.1 Contributo in volume (Capitolo o Saggio)
Riccio, Giuseppe
2 Contributo in Volume::2.1 Contributo in volume (Capitolo o Saggio)
1
268
none
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