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Firms as Monitors of Other Firms: Mutual Loan Guarantee Consortia and SME Finance

Firms as Monitors of Other Firms: Mutual Loan Guarantee Consortia and SME Finance. Francesco Columba , Leonardo Gambacorta, Paolo Emilio Mistrulli. The usual disclaimer applies. The opinions are those of the authors only and in no way involve the responsibility of the Bank of Italy.

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Mlgc guarantee - PowerPoint PPT Presentation

Firms as Monitors of Other Firms: Mutual Loan Guarantee Consortia and SME Finance