Due to opaque information and weak enforcement in emerging loan markets, the need for collateral is high, whereas … borrowers lack adequate assets to pledge as collateral. How is this puzzle solved? We find for a representative sample from … Northeast Thailand that indeed most loans do not include any tangible assets as collateral. Instead, lenders enforce collateral …

. We present evidence consistent with banks’ IT adoption spurring entrepreneurship through a collateral channel …’ ability to determine collateral values, in particular when collateral appraisal is more complex. IT also reduces the time and …

This paper uncovers if and how insurance companies react to shocks to collateral in their portfolio of securitized …