Financial policy and corporate investment in imperfect capital markets.
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TextPublication details: Washington : World Bank, 1990.Subject(s): Summary: The vigorous expansion of corporate real investment in Korea in the 1980s despite high real interest rates owes much to the rapid growth of the stock market and its increasingly important role in supplying equity capital to the corporate sector.
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The vigorous expansion of corporate real investment in Korea in the 1980s despite high real interest rates owes much to the rapid growth of the stock market and its increasingly important role in supplying equity capital to the corporate sector.
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