Title:

Financial constraints in Poland. The role of size and political connections

Group publication title:

Argumenta Oeconomica

Creator:

Jackowicz, Krzysztof ; Kozłowski, Łukasz

Subject and Keywords:

financial constraints ; political connection ; investment

Description:

Argument Oeconomica, 2016, Nr 1 (36), s. 225-239

Abstrakt:

This article investigates the phenomenon of financial constraints in investment activities. Using a data set covering 2001-2011, we established that, despite the institutional changes and the financial system development, Polish firms remain financially constrained by the internally available funds. Additionally, we explored the impact of size and political connections on financial constraints. Unexpectedly we found that the financial constraints are not affected by either the size or the type nor the strength of political connections

Publisher:

Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu

Place of publication:

Wrocław

Date:

2016

Resource Type:

artykuł

Format:

application/pdf

Resource Identifier:

doi:10.15611/aoe.2016.1.09

Language:

eng

Relation:

Argumenta Oeconomica, 2016, Nr 1 (36)

Rights:

Wszystkie prawa zastrzeżone (Copyright)

Access Rights:

Dla wszystkich w zakresie dozwolonego użytku

Location:

Uniwersytet Ekonomiczny we Wrocławiu