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We study how a bank's willingness to lend to a previously exclusive firm changes once the firm obtains a loan from … another bank (“outside loan”) and breaks an exclusive relationship. Using a difference-in-difference analysis and a setting … where outside loans are observable, we document that an outside loan triggers a decrease in the initial bank's willingness …
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We study how a bank's willingness to lend to a previously exclusive firm changes once the firm obtains a loan from … another bank (“outside loan”) and breaks an exclusive relationship. Using a difference-in-difference analysis and a setting … where outside loans are observable, we document that an outside loan triggers a decrease in the initial bank's willingness …
Persistent link: https://www.econbiz.de/10013037035
We study how a bank's willingness to lend to a previously exclusive firm changes once the firm obtains a loan from … another bank (“outside loan”) and breaks an exclusive relationship. Using a difference-in-difference analysis and a setting … where outside loans are observable, we document that an outside loan triggers a decrease in the initial bank's willingness …
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