Author : Fickry Widya Nugraha
Publisher :
ISBN 13 :
Total Pages : 64 pages
Book Rating : 4.:/5 (19 download)
Book Synopsis Local Financial Development Ad Firm Performance by : Fickry Widya Nugraha
Download or read book Local Financial Development Ad Firm Performance written by Fickry Widya Nugraha and published by . This book was released on 2016 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This study attempt to examine wether firms performance is determined by local financial development across Indonesian provinces within 2010-2013. Combining data from the Indonesian survey of manufacturing firms within informations from regional-level data, the study empirically documented several key findings. First, there are no consistent results that local bank availability is robustly associated with faster growth for firms in sectors with growth opportunities. Second, access to the financial service appear to be closely connected with the level of economic development and turn out to be only significant in the western part of Indonesia. Furthermore, from the entry and exit analysis, this study find a significant impact of financial access for the case firm exit. Meanwhile for the case of firm entry, this study do not find any significant result. Taken these two empirical evidence together this result implies that the benefical of access to finance in manufacturing only appears when firms have already established in the sectors" [source : résumé].