Financial dependence, labour regimes and industry growth: Do creditor rights matter?

Using 3-digit industry data at the state-level during 2009–2018, the paper assesses the impact of the Insolvency and Bankruptcy Code (IBC) on growth across industries with varying degrees of financial dependence. The findings show that IBC positively impacted industry growth, although this occurred...

Descripción completa

Detalles Bibliográficos
Autor principal: Ghosh, Saibal
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer India 2023
Materias:
Research Paper
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10035492/
https://www.ncbi.nlm.nih.gov/pubmed/37359360
http://dx.doi.org/10.1007/s40847-023-00244-1
_version_ 1784911425547796480
author Ghosh, Saibal
author_facet Ghosh, Saibal
author_sort Ghosh, Saibal
collection PubMed
description Using 3-digit industry data at the state-level during 2009–2018, the paper assesses the impact of the Insolvency and Bankruptcy Code (IBC) on growth across industries with varying degrees of financial dependence. The findings show that IBC positively impacted industry growth, although this occurred by altering the capital-labour mix in favour of the latter. Robustness tests across industry type and state labour regimes support these findings.
format Online
Article
Text
id pubmed-10035492
institution National Center for Biotechnology Information
language English
publishDate 2023
publisher Springer India
record_format MEDLINE/PubMed
spelling pubmed-100354922023-03-23 Financial dependence, labour regimes and industry growth: Do creditor rights matter? Ghosh, Saibal J Soc Econ Dev Research Paper Using 3-digit industry data at the state-level during 2009–2018, the paper assesses the impact of the Insolvency and Bankruptcy Code (IBC) on growth across industries with varying degrees of financial dependence. The findings show that IBC positively impacted industry growth, although this occurred by altering the capital-labour mix in favour of the latter. Robustness tests across industry type and state labour regimes support these findings. Springer India 2023-03-23 /pmc/articles/PMC10035492/ /pubmed/37359360 http://dx.doi.org/10.1007/s40847-023-00244-1 Text en © The Author(s), under exclusive licence to Institute for Social and Economic Change 2023, Springer Nature or its licensor (e.g. a society or other partner) holds exclusive rights to this article under a publishing agreement with the author(s) or other rightsholder(s); author self-archiving of the accepted manuscript version of this article is solely governed by the terms of such publishing agreement and applicable law. This article is made available via the PMC Open Access Subset for unrestricted research re-use and secondary analysis in any form or by any means with acknowledgement of the original source. These permissions are granted for the duration of the World Health Organization (WHO) declaration of COVID-19 as a global pandemic.
spellingShingle Research Paper
Ghosh, Saibal
Financial dependence, labour regimes and industry growth: Do creditor rights matter?
title Financial dependence, labour regimes and industry growth: Do creditor rights matter?
title_full Financial dependence, labour regimes and industry growth: Do creditor rights matter?
title_fullStr Financial dependence, labour regimes and industry growth: Do creditor rights matter?
title_full_unstemmed Financial dependence, labour regimes and industry growth: Do creditor rights matter?
title_short Financial dependence, labour regimes and industry growth: Do creditor rights matter?
title_sort financial dependence, labour regimes and industry growth: do creditor rights matter?
topic Research Paper
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10035492/
https://www.ncbi.nlm.nih.gov/pubmed/37359360
http://dx.doi.org/10.1007/s40847-023-00244-1
work_keys_str_mv AT ghoshsaibal financialdependencelabourregimesandindustrygrowthdocreditorrightsmatter

Ejemplares similares