Demirgüç-Kunt, Asli; Horváth, Bálint L.; Huizinga, Harry - 2022
, which enables us to fully control for borrower, bank as well as loan characteristics. We examine how loan location choices … and the intensity of regulatory arbitrage are affected by borrower transparency (to the bank) and bank transparency (to … bank supervisors). We find that greater borrower transparency to a local bank establishment makes loan location more likely …