Showing 1 - 10 of 256
increases the probability they will engage in R&D. -- banks ; financial development ; innovation ; R&D ; investment …
Persistent link: https://www.econbiz.de/10003297705
Do media slant news in favor of the banks they borrow from? We study how lending connections affect news coverage of … banks earnings reports and of the Eurozone sovereign debt crisis on major newspapers from several European countries. We … find that newspapers cover announcements by their lenders - relative to those of other banks - significantly more when they …
Persistent link: https://www.econbiz.de/10013173241
analyzes whether banks can support firms' export by reducing informational asymmetries about foreign markets. We exploit a … large sample of Italian firms for which we merge custom data with information on their lender banks. We identify a shock … mainly reduce firms' fixed entry costs in a foreign market. The analysis also shows that other channels, such as bank credit …
Persistent link: https://www.econbiz.de/10013332105
We test whether financial fluctuations affect firms' decisions, through their impact on banks' cost of funding. We …-2012 sovereign debt crisis. Using newly available data linking over 3,000, mostly privately-held, non-financial firms to their bank(s …), we find that increases in Italian banks' CDS spreads and decreases in their equity valuations lead younger and smaller …
Persistent link: https://www.econbiz.de/10010229932
We document how banks' voluntary climate commitments predict both their green lending practices and their borrowers …' environmental investments. Using structured surveys of 644 bank CEOs and heads of credit across 33 low- and middle-income countries …, we develop indices of banks' green management and lending practices. These unique organizational data reveal that banks …
Persistent link: https://www.econbiz.de/10015457519
the impact of this ownership type on access to credit in the region is scarce. Yet the issue is key for understanding … paper contributes to closing this knowledge gap by examining the links between family ownership and credit constraints of … SMEs in Egypt, Jordan, Morocco, and Tunisia. We found that while family-owned firms have a higher need for credit than …
Persistent link: https://www.econbiz.de/10015163047
of start-ups in which firms' sales and profits depend on their productivity and access to credit. However, due to the … lack of collateral assets such as land, female entrepreneurs have more constrained access to credit than do men. Testing …
Persistent link: https://www.econbiz.de/10012162904
that well-functioning credit markets would reflect a bank channel for monetary policy at work, we test whether a change in … and the associated change in interest rate does not affect change in bank credit, change in total debt and the proportion … of bank credit in total debt for any of the firms. We discuss the policy implications of the findings. …
Persistent link: https://www.econbiz.de/10011493763
domestic and foreign banks, as these new banks attempt to minimize costs of adverse selection. Networking however discriminates …
Persistent link: https://www.econbiz.de/10009307402
Economic hardship is strongly reflected by the housing market. It is the concern of much research, but its analysis is often obstructed by insufficient lagged data. This paper evaluates search intensity for "hardship letter" from Google Insights to detect ensuing mortgage delinquencies. Such...
Persistent link: https://www.econbiz.de/10009312194