Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/212788 
Year of Publication: 
2014
Series/Report no.: 
BOFIT Discussion Papers No. 2/2014
Publisher: 
Bank of Finland, Institute for Economies in Transition (BOFIT), Helsinki
Abstract: 
This study investigates the relationship between politically connected firms and their access to bank financing in a post-communist eras in Poland. Overall, it finds that "recent" political connections do influence access to bank financing and the value of such connections increased during the financial crisis. However, it also observes that the positive relationship mentioned above is substantially weaker in Poland relative to other emerging countries and we attribute this phenomenon to the instability of the Polish political climate.
Subjects: 
political connections
bank financing
global financial crisis
JEL: 
G01
G18
G32
Persistent Identifier of the first edition: 
ISBN: 
978-952-6699-61-5
Document Type: 
Working Paper

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