PATTI, EMILIA BONACCORSI DI; GOBBI, GIORGIO - In: Journal of Finance 62 (2007) 2, pp. 669-695
We estimate the impact of bank mergers and acquisitions (M&As) on outstanding credit, credit lines, and the sensitivity of investment to cash flow using a large sample of Italian corporate borrowers. We distinguish between firms that experienced relationship termination as a consequence of bank...