We employ 19,521 unique firms in 30 transition economies to investigate the relation between the origins of private firms and their financing patterns. In our sample, the private firms are either privatized former state-owned enterprises (SOEs) or ab initio (from the beginning) private firms....

We examine the relation between financing patterns and firm growth in transition economies. Using a survey dataset covering over 20,000 firms in 30 Eastern European and Central Asian countries from 2002-2014, we find that firms using formal bank finance grow faster than those financed by...