Signaling value of quality certification: Financing under asymmetric information
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DOI: 10.1016/j.mulfin.2020.100629
Abstract: Abstract This study investigates signaling value of internationally-recognized quality certification in improving firm’s access to external finance for 39,638 mostly small and medium-sized firms in 137 countries. We find that certified firms have better access… read more here.
Keywords: signaling value; quality; quality certification; finance ... See more keywords