an ad hoc survey of Bank of Italy on trade credit, from Italian Central Credit Register on banking relations and from …Trade credit arises from delayed payments between firms. It is not easy to identify its determinants since they are … the usage of trade credit by Italian industrial firms. We use an original database that contains detailed information from …

Bank takeovers result on average in little improvements in performance. This may be due to conflicting driving forces … behind them; however these have seldom been studied. We study directly the motivations for bank acquisitions by analyzing the …

We examine the informational effects of M&As by investigating whether bank mergers improve banks� ability to screen …