Showing 1 - 6 of 6
We investigate how communication within banks affects small business lending. Using travel time between a bank's headquarters and its branches to proxy for the costs of communicating soft information, we exploit shocks to these travel times to evaluate the impact of within bank communication...
Persistent link: https://www.econbiz.de/10012479821
Does the pre-deal geographic overlap of the subsidiaries and branches of two banks affect the probability that they merge and post-merger value creation and synergies? We compile comprehensive information on U.S. bank acquisitions from 1986 through 2014, construct several measures of network...
Persistent link: https://www.econbiz.de/10012455212
values, and relationship lending and increases banks' provision of nontraditional banking services …
Persistent link: https://www.econbiz.de/10012455601
We assess the impact of the geographic expansion of bank assets on the cost of banks' interest-bearing liabilities. Existing research suggests that expansion can both intensify agency problems that increase funding costs and facilitate risk diversification that decreases funding costs. Using a...
Persistent link: https://www.econbiz.de/10012456135
Does an intensification of competition among banks increase or decrease liquidity creation? By integrating the dynamic process of interstate bank deregulation that lowered barriers to competition across U.S. states over the 1980s and 1990s with the gravity model of the geographic expansion of...
Persistent link: https://www.econbiz.de/10012456480
Did regulatory reforms that lowered barriers to competition among U.S. banks increase or decrease the quality of information that banks disclose to the public and regulators? We find that an intensification of competition reduced abnormal accruals of loan loss provisions and the frequency with...
Persistent link: https://www.econbiz.de/10012457906