Financial dependence and firm survival in interwar Britain

Was the London Stock Exchange (LSE) little more than a Dickensian den of speculation, or did it make a contribution to industrial development in Interwar Britain? The interwar stock market laboured under problems of weak disclosure, inadequate investor protection and ineffective underwriting. New...

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Autore principale: Chambers, D
Natura: Working paper
Pubblicazione: University of Oxford 2007