Assessing the impacts of bank mergers on small firms requires separating borrowers with single versus multiple banking …-relationship borrowers who "switch" to another bank following a merger will be less harmed than those whose relationship is "dropped" and not … to be dropped. We track post-merger performance and show that many dropped target-bank borrowers are harmed by the merger …

Assessing the impacts of bank mergers on small firms requires separating borrowers with single versus multiple banking …-relationship borrowers who "switch" to another bank following a merger will be less harmed than those whose relationship is "dropped" and not … to be dropped. We track post-merger performance and show that many dropped target-bank borrowers are harmed by the merger …

Assessing the impacts of bank mergers on small firms requires separating borrowers with single versus multiple banking …-relationship borrowers who "switch" to another bank following a merger will be less harmed than those whose relationship is "dropped" and not … to be dropped. We track post-merger performance and show that many dropped target-bank borrowers are harmed by the merger …

Assessing the impacts of bank mergers on small firms requires separating borrowers with single versus multiple banking …-relationship borrowers who "switch" to another bank following a merger will be less harmed than those whose relationship is "dropped" and not … to be dropped. We track post-merger performance and show that many dropped target-bank borrowers are harmed by the merger …

We employ a unique data set containing bank-specific information to explore how foreign bank entry determines credit … with the portfolio composition hypothesis, showing that borrower informational capture determines bank credit allocation …

We employ a unique data set containing bank-specific information to explore how foreign bank entry determines credit … determines bank credit allocation. In particular, we find that foreign banks that enter via greenfield investment devote a higher … convergence in terms of maturity and currency. Finally, we do not find any impact of bank ownership and mode of entry on lending …

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 …