... in this paper in a large sample of private firms from 92 developing countries. Findings The results show that firms headquartered in more democratic countries have better access to finance than firms headquartered in less democratic countries. The findings are robust to the comprehensive inclusion...

...Mukhammadfoik Bakhadirov; Zakir Pashayev; Omar Farooq Purpose The paper answers the following questions: (1) Do firms located in rural areas experience greater problems in accessing financial services? (2) If this is the case, what can these firms do to improve their access to finance? Design...