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

By: Ghosh, Saibal.
Material type: materialTypeLabelBookPublisher: Journal of Social and Economic Development Description: 25(2), Dec, 2023: p.277-292. In: Journal of Social and Economic DevelopmentSummary: 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.- Reproduced https://link.springer.com/article/10.1007/s40847-023-00244-1
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Articles Articles Indian Institute of Public Administration
25(2), Dec, 2023: p.277-292 Available AR130896

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.- Reproduced

https://link.springer.com/article/10.1007/s40847-023-00244-1

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