Ongena, Steven; Şendeniz-Yüncü, İlkay - In: Journal of Banking & Finance 35 (2011) 12, pp. 3213-3224
We study a representative dataset from Turkey that identifies firm–bank connections. Banks in Turkey differ not only in size and nationality, but also in ownership and orientation (non-Islamic versus Islamic)—resulting in at least six distinct bank types. We estimate a multinomial logit of...