'Enterprise Size, Financing Patterns, and Credit Constraints in Brazil' investigates the importance of firm size with respect to accessing credit. The principal findings are that size strongly affects access to credit compared to firm performance, and other factors, such as management education, location or the industrial sector to which the firm belongs. Additional findings are that the impact of size on access to credit is greater for longer term loans and that public financial institutions are more likely to lend to large firms. Finally, financial access constraints may have a less significant differential impact across firms of different sizes than other constraints, though cost of finance as a constraint is very important.Firm Size, Financing, Access to Credit, and Credit Constraints Our analysis of access to financial services and firm size begins ... This is followed by a more specific question related to the role of size compared to performance and firm characteristics in explaining access to credit. ... a detailed breakdown of sources of funds (internal capital, banks, trade credit, leasing, credit cards, government funds, andanbsp;...
|Title||:||Enterprise Size, Financing Patterns, and Credit Constraints in Brazil|
|Author||:||Anjali Kumar, Manuela Francisco|
|Publisher||:||World Bank Publications - 2005-01-01|