stable finance. One efficient way to promote SME financing is through credit guarantee schemes, where the government … guarantees a portion (ratio) of a loan provided by a bank to an SME. This research provides a theoretical model and an empirical … analysis of factors that determine optimal credit guarantee ratio. The ratio should be able to fulfill the government's goal of …

debt in China, and the corresponding burden on banks of impaired assets. It finds that such techniques can play a role, but …

-religiosity counties have higher credit ratings and lower debt costs. The impact of religiosity is stronger for firms with greater … information asymmetry and during recessions. Further, religiosity has additional explanatory power for the cost of bank loans (but … is a small bank …

In this study, we use bank loan information to construct proxies for corporate transparency and examine whether these … bank loans of all publicly listed firms on the Shenzhen Stock Exchange, covering January 2008 to June 2013. We find that … sensitivity tests and provide suggestive evidence of a close connection between the credit loan and stock markets. …

Bank's expansion of arbitraged credit lines into high risk areas has forced the bank to increase Treasury assets 100 … capital adequacy ratios have remained unchanged. Off-balance sheet transactions using lower credit quality assets to …

Receiving punishment from regulators for corporate fraud can affect financing contracts between a firm and its bank, as … both the firm’s credit risk and information risk increase after punishment. By focusing on Chinese firms’ borrowing … behavior after events of corporate fraud, we find that firms’ bank loans after punishment are not only significantly lower, but …