We use a new legal dataset tracking changes in creditor protection law over several decades to study the impact of legal reforms on banking system development in India. Cointegration analysis is used to show that the strengthening of creditor rights in relation to the enforcement of security interests in the 1990s and 2000s led to an increase in bank credit. We show that the change in the law was not endogenous to trends in stock market development and GDP per capita, and that the direction of causation ran from legal reform to banking development, rather than the reverse
This article utilises leximetric analysis, which involves the numerical coding of the strength of le...
We investigate the impact of the legal system on whether firms obtain the credit they apply for or n...
It is generally presumed that strengthening legal enforcement of lender rights increases credit acce...
We use a new legal dataset tracking changes in creditor protection law over several decades to study...
We use a new legal dataset tracking changes in creditor protection law over several decades to study...
Legal origins theory suggests that law reform,strengthening shareholder and creditor rights, should ...
We examine the relationship between creditor protection, law reform and credit expansion using longi...
In this study, we test whether bankers make more loans when they enjoy superior creditor protection....
We use recently created longitudinal datasets measuring legal change over time to test whether the s...
Law and Finance literature shows that effective creditor and investor protection leads to vibrant fi...
This study re-examines the theory of legal-origin on the basis of a new longitudinal dataset for fou...
This paper studies the relationship between creditor protection and credit volatility. During the ne...
This paper investigates how the institutional setting for protection of creditor rights affects bank...
Numerous papers in the “law and finance” literature have established that countries with better func...
The paper analyses a new leximetric dataset for India relating to the protection of shareholders of ...
This article utilises leximetric analysis, which involves the numerical coding of the strength of le...
We investigate the impact of the legal system on whether firms obtain the credit they apply for or n...
It is generally presumed that strengthening legal enforcement of lender rights increases credit acce...
We use a new legal dataset tracking changes in creditor protection law over several decades to study...
We use a new legal dataset tracking changes in creditor protection law over several decades to study...
Legal origins theory suggests that law reform,strengthening shareholder and creditor rights, should ...
We examine the relationship between creditor protection, law reform and credit expansion using longi...
In this study, we test whether bankers make more loans when they enjoy superior creditor protection....
We use recently created longitudinal datasets measuring legal change over time to test whether the s...
Law and Finance literature shows that effective creditor and investor protection leads to vibrant fi...
This study re-examines the theory of legal-origin on the basis of a new longitudinal dataset for fou...
This paper studies the relationship between creditor protection and credit volatility. During the ne...
This paper investigates how the institutional setting for protection of creditor rights affects bank...
Numerous papers in the “law and finance” literature have established that countries with better func...
The paper analyses a new leximetric dataset for India relating to the protection of shareholders of ...
This article utilises leximetric analysis, which involves the numerical coding of the strength of le...
We investigate the impact of the legal system on whether firms obtain the credit they apply for or n...
It is generally presumed that strengthening legal enforcement of lender rights increases credit acce...