This paper provides a better understanding of the negative impact of R&D-to-sales ratio on bank debt financing by exploring whether it can be related to the type of R&D firms are involved in. Using a large panel of French firms, we show that this negative impact is mainly due to the more risky...

With the increasing domination of foreign capital in banking sectors of transition countries, it is of the highest interest to investigate the relative performance of domestic-owned and foreign-owned banks in these countries. We therefore aim here to compare the technical efficiency of...

This paper aims at providing theoretical foundations to the role of customer relationship as a strategic barrier to entry on banking markets. A bank which grants a loan to a customer gains a comparative advantage in information on this customer as compared with competitors. This informational...