This study investigates the impact of foreign bank penetration on firm entry in Central and Eastern Europe. Acquisition … bank entry is larger for opaque industries than industries with large shares of small firms. The study provides evidence of …

This study investigates the impact of foreign bank penetration in Central and Eastern Europe on firm entry. We … size, we define opacity in terms of technological process and show that economic significance of foreign bank entry is … evidence of increased credit constraints and are consistent with theories that argue that foreign bank presence exacerbates …