2026-09-18T20:11:58Z https://www.ideals.illinois.edu/oai-pmh

oai:www.ideals.illinois.edu:2142/85576 2023-07-11 col_2142_5131 col_2142_14830 com_2142_5130 com_2142_14829 com_2142_8903

Baer, Werner W. Skosples, Goran 2015-09-25T22:47:27Z 2015-09-25T22:47:27Z 10000-01-01 2006 2006 Finally, I examine the interaction between borrowing costs and firms' decisions to secure loans. I demonstrate that decisions of firms in transition economies to secure loans are consistent with the decisions of firms in more advanced economies and that presence of collateral is associated with riskier loans. At the firm level, I find that firms' decision to pledge collateral is primarily determined by the interest rate differential, but at the country level, the efficiency of contract enforcement matters the most. Made available in DSpace on 2015-09-25T22:47:27Z (GMT). No. of bitstreams: 2 license.txt: 4848 bytes, checksum: 96035ab3f5e1c23cc7138a224ce498bd (MD5) 3242995.pdf: 7982701 bytes, checksum: 4c4236297753740c1e863f4abc33d78c (MD5) Previous issue date: 2006 Embargo set by: Seth Robbins for item 86857 Lift date: Forever Reason: Restricted to the U of I community idenfinitely during batch ingest of legacy ETDs Restricted to the U of I community idenfinitely during batch ingest of legacy ETDs U of I Only 208 p. Thesis (Ph.D.)--University of Illinois at Urbana-Champaign, 2006. http://hdl.handle.net/2142/85576 (MiAaPQ)AAI3242995 eng Business Administration, Banking Banking in Transition Countries text Economics Economics University of Illinois at Urbana-Champaign Dissertation Ph.D.