Fungacova, Zuzana; Godlewski, Christophe J.; Weill, Laurent - Laboratoire de Recherche en Gestion (LaRGE), Institut … - 2009
The objective of this paper is to investigate whether the participation of local banks exerts an impact on the spreads of syndicated loans in Russia. Following Berger, Klapper and Udell (2001), we aim to test whether local banks possess a superior ability to solve information asymmetries. In...