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provides a theoretical framework that focus on the relationship between lobbying and corruption (that is, it investigates under …, corruption and influence using data for about 4000 firms in 25 transition countries. Our results show that (a) lobbying and …"Conventional wisdom suggests that lobbying is the preferred mean for exerting political influence in rich countries …
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theoretical framework that focus on the relationship between lobbying and corruption (that is, it investigates under what … conditions they are complements or substitutes). The paper also offers novel econometric evidence on lobbying, corruption and … influence using data for about 4000 firms in 25 transition countries. Our results show that (a) lobbying and corruption are …
Persistent link: https://www.econbiz.de/10013317433
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, (ii) have low levels of profitability, (iii) are...
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corruption, with little attention paid to the role played by firms. Consequently, the links between corporate governance and … Performance Survey (BEEPS) across 20 transition economies, providing an assessment of governance and corruption from the … survey design permits an in-depth empirical analysis of governance and corruption, unbundling governance into its component …
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