Political Connections and Financial Constraints : Evidence from Transition Countries
This paper examines whether political connections ease financial constraints faced by firms. Using firm-level data from six Central and Eastern European economies, the paper shows that politically connected firms: (i) have high levels of leverage,...
| Main Authors: | , , , |
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| Format: | Working Paper |
| Language: | English |
| Published: |
World Bank, Washington, DC
2019
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/146711565095465049/Political-Connections-and-Financial-Constraints-Evidence-from-Transition-Countries http://hdl.handle.net/10986/32208 |