In the context of constrained credit markets, the information view of related party transactions (RPTs) is used to argue that such transactions are efficient, as they make the best use of limited information. The looting view of RPTs is, however, used to make the opposing argument -- during...

Numerous variables exogenous to the operations of commercial banks have been widely touted in academic literature and popular discourse to be important factors causing the typically high Interest Rate Spreads (IRS) in developing countries. Using data for a group of 33 countries, this article...