Chala, Alemu Tulu - In: International Journal of Financial Studies : open … 11 (2023) 4, pp. 1-23
The lead arrangers of syndicated loans often have lending relationships with the borrowers, while other lenders …,328 syndicated loans made to 7316 nonfinancial U.S. firms over the period 1987 to 2013, this paper investigates the impact of lending … relationships on the shares of loans retained. The results show that lending relationships are associated with a significant …