Showing 1 - 10 of 18
findings, based on simulated data that reproduce a bank's mean PD and LGD values. The findings do show that the Pareto …
Persistent link: https://www.econbiz.de/10013128402
markets. Using a unique panel dataset that contains comprehensive information about the relationships between a large bank and …, dynamic information about changes in the behavior of a customer's other accounts at the bank, such as changes in checking and …
Persistent link: https://www.econbiz.de/10013133219
Yes, it did. We use exogenous variation in banks' incentives to conform to the standards of the Community Reinvestment Act (CRA) around regulatory exam dates to trace out the effect of the CRA on lending activity. Our empirical strategy compares lending behavior of banks undergoing CRA exams...
Persistent link: https://www.econbiz.de/10013096848
We investigate bank loans' specialness with a particular focus on the recent boom and bust cycle. We perform an … January 2000 and December 2009. We find a significant and negative reaction to bank loan announcements which is mostly driven … by loan provided during the crisis period. We also document significant changes in bank behavior over the boom and bust …
Persistent link: https://www.econbiz.de/10013105186
lead bank's reputation in making future syndicated loan participation and lending decisions. We apply ordered probit … European syndicated lending market between 1999 and 2009. We find that the prestige of the lead bank in the first syndicate … this effect drops to 30% when syndicating with a top 20 arranger. Establishing participant-lead bank relationships …
Persistent link: https://www.econbiz.de/10013072075
This article provides empirical evidence on the determinants of multiple bank loan renegotiations in Europe over the …
Persistent link: https://www.econbiz.de/10013072819
The aim of this paper is to empirically investigate the determinants of creditor concentration in the use of bank loans … relative to bank lending concentration. We find that firms tend to diversify sources of financing by reducing bank …
Persistent link: https://www.econbiz.de/10013157547
This paper studies the dynamics of credit supply when a negative shock impacts a substantial share of bank loans. The … analysis exploits the 2014 collapse of energy prices, using the universe of Mexican commercial bank loans. The findings show …
Persistent link: https://www.econbiz.de/10012838006
We study private firms' strategic disclosure of financial statements in shaping bank lending decisions and structuring … a large bank, we document that the availability of financial statement disclosures by small businesses increases their … significant in pricing loans and in determining collateral requirements, as well as influencing the bank's ex post monitoring of …
Persistent link: https://www.econbiz.de/10013003010
I investigate the effects of bank loan renegotiation on firm's financial and investment policies, and performances. I … long-time period. I find that bank loan renegotiation has an economically significant and causal impact on financial policy …, implying important effects of firm's tangibility, growth, opportunities and cash on financial policy and performances. Bank …
Persistent link: https://www.econbiz.de/10012929829