Ferri, Giovanni; Kalmi, Panu; Kerola, Eeva - In: Journal of Banking & Finance 48 (2014) C, pp. 194-209
changes in monetary policy. Our results identify a general difference between stakeholder and shareholder banks: following a … monetary policy contraction, stakeholder banks decrease their loan supply to a lesser extent than shareholder banks. A detailed … monetary policy on their lending during the crisis period (2008–2011), whereas savings banks did not. Stakeholder banks …