Whether the bank-firm relationship and political connections are the substitutes, or the complements is the well-researched question on an empirical research level on credit availability. This paper studies the influences of the bank-firm relationship and political connection on firm's access to...

This paper investigates the effects of political connections and local corruption on the structures of firms' bank pools. Using a manually collected data set of 389 listed Vietnamese companies in 2013, it finds that politically connected firms tend to establish their main bank relationships with...