Showing 1 - 10 of 16
Persistent link: https://www.econbiz.de/10010351157
We investigate the impact of information and communication technologies (ICT) on local loan officers' autonomy in small business lending. We derive a simple agency model of the interaction between a local branch manager and the headquarters, which yields an estimable equation for the optimal...
Persistent link: https://www.econbiz.de/10013138578
We investigate the impact of information and communication technologies (ICT) on local loan officers' autonomy in small business lending. We derive a simple agency model of the interaction between a local branch manager and the headquarters, which yields an estimable equation for the optimal...
Persistent link: https://www.econbiz.de/10013102885
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
We study the effect of the increase in Italian sovereign debt risk on credit supply on a sample of 670,000 bank … selected bank characteristics may have amplified or mitigated the impact. We also study the extensive margin of credit …
Persistent link: https://www.econbiz.de/10013082512
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
bank lending and risk-taking channels of monetary policy by exploiting – Italian's unique – credit and security registers …
Persistent link: https://www.econbiz.de/10012854350
Persistent link: https://www.econbiz.de/10012796306