Which Came First, the Chicken or the Egg? Banks and Firms on Local Banking Markets

Krzysztof Jackowicz () and Łukasz Kozłowski
Additional contact information
Krzysztof Jackowicz: Kozminski University, Warsaw

Czech Journal of Economics and Finance (Finance a uver), 2016, vol. 66, issue 3, 182-206

Abstract: This study investigates the interactions between the financial health of cooperative banks and the performance of small and medium-sized enterprises (SMEs). Using a unique dataset on local banking markets in Poland, we establish that a strong financial standing of SMEs improves the profitability of banks that operate in the same neighborhood; however, the growth of banks is not affected. In contrast, the financial situation of cooperative banks is generally irrelevant for SME performance.

Keywords: local banks; cooperative banks; small and medium-sized enterprises; post-transition countries (search for similar items in EconPapers)
JEL-codes: G21 G28 (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://journal.fsv.cuni.cz/storage/1354_kozlowski.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fau:fauart:v:66:y:2016:i:3:p:182-206

Access Statistics for this article

More articles in Czech Journal of Economics and Finance (Finance a uver) from Charles University Prague, Faculty of Social Sciences Contact information at EDIRC.
Bibliographic data for series maintained by Natalie Svarcova ().