The volume of credit granted in the form of syndicated loans saw a marked downturn in 2008. This article seeks to … a sample of syndicated loans issued in 2008 in North America and Europe, and records of syndicated loans since 2003, we … show that firms that had developed a relationship with an investment bank obtained a lower spread, but did not benefit from …

relationship between type of fund provider and skill characteristics of the VCs partners in a syndication deal. In other words, it … analysis to compare the syndication behaviors of independent and captive VCs. Based on a game-theoretical approach, we model … members. Our paper highlights that the source of finance matters for the syndication choice. Its influence takes two forms …

Dans cette étude, on montre l'importance de la syndication en tant que mécanisme de gouvernance spécifique au capital … précisément l'impact de la syndication sur la performance et sur la richesse des parties prenantes. La validation empirique montre … que la syndication n'a pas un impact sur la performance et sur la richesse des parties prenantes. …

good financial solutions (which can be interpreted as a financial incentive) and the appropriate form of syndication. Is … literature on the nature and goals of funds providers on the one hand and the motives of syndication in the other hand. Then we … introduced by the financial partners and the consequence of their optimization on the form of syndication promoted by the leaders …

crédit est plafonné par la législation. En parallèle, la croissance de la microfinance dans le monde a montré que les … techniques innovatrices peuvent augmenter la disponibilité de crédit, sans augmenter indûment le risque. Néanmoins, cette … croissance de l'accès au crédit peut ne pas se concrétiser si les taux de crédit restent plafonnés par des lois régissant l …

real per output growth, excess credit, foreign direct investment (FDI) and the current account balance, in the Central and … credit. The results are economically and statistically significant, and robust. …

Improving access to capital through credit and public spendings is an important step toward development and poverty … shows that deforestation is positively correlated to access to credit and public spendings, which gives some evidence that … natural capital is a complement to credit and public spendings. …

adequacy constraint and the provisioning system, amplify credit fluctuations. Our finding is consistent with the bank capital … channel hypothesis, which means that poorly capitalized banks are constrained to expand credit. We also find that loan loss … provisions (LLP) made in order to cover identified credit losses (non discretionary LLP) amplify credit fluctuations. Indeed, non …