This paper empirically investigates the link between political patronage and bank performance for Ukraine during 2003Q3–2005Q2. We find significant differences between politically affiliated and non-affiliated banks. The data suggest that affiliated banks have significantly lower interest rate margins and increase their capitalization. Furthermore, we show that the level of activity of affiliat...

One of the arguments in the implementation of dam projects is that the benefits will ultimately lead to a win-win situation for all. Large dams in particular are viewed as panacea for the pervasive poverty in the Himalaya-Ganga (Dixit 1994). Critics of this argument counteract by arguing that people in rural areas are not winning because they receive little direct benefits. Displacements of loc...

This study is designed to explain how restaurant healthy food quality is related to repeat patronage intention. The results indicate that perceived value mediates the positive relationship between the restaurant healthy food and revisit intent. In other words, restaurant healthy food quality increases perceived value in the diner’s mind, which in turn results in a higher level of revisit intent...