The authors combine firm-level data from
the World Bank Business Environment Survey (WBES) with data
on private and public credit registries to investigate
whether the presence of a credit registry in a country is
associated with lower financing constraints, as perceived by
managers, and with higher share of bank financing. They find
that the existence of private credit registries is
associated with lower financing constraints and higher share
of bank financing, while the existence of public credit
registries does not seem to have a significant effect on
these perceived financing constraints. The authors also find
that small- and medium-sized firms tend to have a higher
share of bank financing in countries where private
registries exist and stronger rule of law is associated with
more effective private credit registries. Finally, the
authors find some evidence that the presence of a public
credit registry benefits younger firms relatively more than
older firms.
Bibliographic Details
| Main Authors: |
Love, Inessa,
Mylenko, Nataliya |
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| Language: | English
en_US |
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| Published: |
World Bank, Washington, DC
2003-10
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| Subjects: | CREDIT BUREAUS,
ACCESS TO CREDIT,
SMALL & MEDIUM SCALE ENTERPRISES,
RULE OF LAW,
BANK FINANCING,
AVAILABILITY OF FUNDS,
INFORMATION SHARING ACCESS TO FINANCING,
ACCOUNTING,
ASYMMETRIC INFORMATION,
BANK FAILURES,
BANK REGULATION,
BANK SUPERVISION,
BANKING INDUSTRY,
BANKING SECTOR,
BANKING SUPERVISION,
BANKING SYSTEM,
BORROWING,
CASH FLOW,
CENTRAL BANKS,
COLLATERALIZATION,
COMMERCIAL BANKS,
CORRUPTION,
CREDIT MARKETS,
CREDIT RATIONING,
CREDIT REPORTING,
CREDIT REPORTING SYSTEM,
CREDIT RISK,
CREDIT RISK MANAGEMENT,
DECISION MAKING,
DEVELOPED COUNTRIES,
DEVELOPING COUNTRY CONTEXT,
DEVELOPMENT BANKS,
ECONOMIC GROWTH,
FACTORING,
FINANCIAL INSTITUTIONS,
FINANCIAL MARKETS,
FINANCIAL SECTOR,
FINANCIAL STATEMENTS,
FINANCING CONSTRAINTS,
FOREIGN BANKS,
FOREIGN OWNERSHIP,
GNP,
GOVERNMENT OWNERSHIP,
INFLATION,
INFORMATION ASYMMETRIES,
INSTITUTIONAL ARRANGEMENTS,
INTEREST RATES,
INTERNATIONAL ACCOUNTING STANDARDS,
JUDICIARY,
LEASING,
LEGAL SYSTEM,
LIQUIDATION,
MICROFINANCE,
PROBABILITY OF DEFAULT,
PUBLIC SERVICE,
PUBLIC SERVICE PROVISION,
RETAINED EARNINGS,
RISK MANAGEMENT,
RISK MANAGEMENT SYSTEMS,
TAXATION,
TRANSITION ECONOMIES,
ACCESS TO FINANCING,
INFORMATION SHARING, |
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| Online Access: | http://documents.worldbank.org/curated/en/2003/10/2693721/credit-reporting-financing-constraints
https://hdl.handle.net/10986/18045
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