The results indicate that the closeness of the small firm-bank relationship tends to result in lower bank premia, notwithstanding the predicted firm-size effect.

Individual worker data is used to identify which types of workers and firms choose PRP in Belgium and The Netherlands. The results show that there are significant differences across these neighbouring countries in terms of the workers who choose PRP systems and the firms who adopt them. Results...

The results indicate that age of firm and closeness of the small firm-bank relationship tend to reduce the incidence of loan collateralization, which implies that relationship banking can yield tangible benefits to small businesses.

Results show that there are significant differences across countries in terms of who becomes an entrepreneur. In particular age, gender and education were found to be key variables, although the nature and strength of the relationship varies considerably across countries. It was concluded that...