We interview 361 European bank CEOs to identify their banks' main competitors. We then provide evidence on the drivers … of bilateral bank competition, construct a novel competition measure at the locality level, and assess how well it … explains variation in firms' credit constraints. We find that banks identify another bank as a main competitor in small …

Is bank- versus market-based financing different in its attitudes towards Environmental, Social, and Governance (ESG … bank monitoring and scrutiny. The Social and Governance components, in particular, matter. Furthermore, firms suffering … higher numbers of negative ESG reputation shocks are less likely to continue to rely on bank credit in response to lenders …

competition on bank orientation - i.e., the choice of relationship based versus transactional banking. We empirically investigate … the impact of interbank competition on bank branch orientation. We employ a unique data set containing detailed … information on bank-firm relationships. We find that bank branches facing stiff local competition engage considerably more in …