Showing 1 - 10 of 18
We investigate whether European banks adjust their loan prices and volumes of new lending in the months running up to major national elections. Using a unique dataset that draws on data covering some 250 banksin 19 Eurozone countries from 2010 to 2020 at monthly frequency, and that includes...
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This paper investigates the firm-main bank relationship in a sample of Italy's SMEs. The findings suggest that banks … firm's main bank uses relationship (transactional) lending technologies. Thus, the way the soft information becomes …
Persistent link: https://www.econbiz.de/10013119122
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
Despite the extensive debate on the effects of bank competition, only a handful of single-country studies deal with the … impact of bank competition on the cost of credit. We contribute to the literature by investigating the impact of bank … period 2001–2011, we consider a broad set of measures of bank competition, including two structural measures (Herfindahl …
Persistent link: https://www.econbiz.de/10012903437
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