This paper surveys the literature to document the main stylized facts, risks, and policy
challenges related to the expansion of global nonfinancial corporate debt after the 2008–09 …

The commercial sector of the economy is the guarantor of the stability of the state
functioning, since the economic subjects employed in it are able to combine personal …

The study of the issues of assessing the indicators of efficiency and intensification of finance
in the activities of corporations operating in modern economic conditions is necessary and …

SMEs play a crucial role for inclusive development, but their growth is often hampered by
lacking access to finance. This paper explores whether capital markets can be harnessed to …

After a half century of transformative economic progress that moved hundreds of millions of
people out of poverty, countries in develo** East Asia are facing an array of challenges to …

The financial sector is divided into two broad categories: equity and banking markets. The
healthy functioning of these sectors plays an imperative role in any economy. This study …

In Asia, in contrast to government bond markets where reliance on foreign currency bonds
has diminished after proactive policy initiatives, the corporate sector still has a large share of …

We assemble data of non-financial stocks on the Shenzhen small and medium-sized
enterprise (SME) board over the 2005–2019 sample period to explore the liquidity drivers of …

Firms from emerging economies have significantly increased the amount of bond financing,
particularly after the Global Financial Crisis and when compared to other financing …

Purpose This study investigates the influence of trading mechanisms on cross-market
integration between stocks and corporate bonds on the Tel Aviv Stock Exchange (TASE) …