Chaudhry, Sajid M.; Kleimeier, Stefanie - 2013 - Version: March 6, 2013
new evidence regarding the roles of borrower reputation, lead arranger reputation and the bank-borrower relationship …. First, lead arranger reputation can reduce information asymmetry but only for the most reputable lead arrangers. Second …, borrower reputation, measured by the borrower’s past access of the loan market, reduces the problem of information asymmetry …