Recently, banking literature has had a quest for appropriate pricing of bank loans under the new Basel II rules and has … price bank's corporate loans, aiming at making bank managers aware of the creation/destruction of shareholder value. We show …

private information content is higher. The results suggest that bank discretionary and private information acquisition …

We survey 149 leading academic researchers on bank capital regulation. The median (average) respondent prefers a 10 … strongly an expert believes that higher capital requirements would increase the cost of bank lending …

We survey 149 leading academic researchers on bank capital regulation. The median (average) respondent prefers a 10 … strongly an expert believes that higher capital requirements would increase the cost of bank lending …

This paper examines what institutional and bank-specific factors determine bank stock price synchronicity. Using data … on 37 countries from 1996–2007, we find that bank stocks are more aligned with the whole market during the financial … crisis; in countries that have more credit provided by banks; in countries that do not have explicit depository insurance …

We examine the connection between the number of bank relationships and firms' performance using a unique data set on … Italian small firms for which banks are a major source of financing. Our evidence indicates that return on equity and return … on assets decrease as the number of bank relationships increases, the effects being stronger for small firms than for …

Formal enforcement actions issued against banks for violations of laws and regulations related to safety and soundness … enforcement actions issued against U.S. banks, we show that they have a strong negative effect on price terms (loan spreads and … been much higher, while punished banks intensify use of collateral …

Do banks use credit default swap hedging to substitute for loan sales? By tracking banks' lending exposures and CDS … positions on individual firms, we find that banks use CDS hedging to complement rather than to substitute for loan sales …. Consequently, bank loan sales are higher for firms that are actively traded in the CDS market. In addition, we find evidence that …

This paper examines what institutional and bank-specific factors determine bank stock price synchronicity. Using data … on 37 countries from 1996-2007, we find that bank stocks are more aligned with the whole market (1) during the financial … crisis; (2) in countries that have more credit provided by banks; (3) in countries that do not have explicit depository …

This paper examines the effects of strategic alliances on non-financial firms' bank loan financing. We construct … involvement experience a lower cost of debt from banks. We also document that allying with a prestigious partner (ie S&P 500 firms …) can provide an endorsement effect and benefit the borrowers by reducing the price of bank loans. Moreover, a borrowing …