We study the effects of structural changes in banking markets on the supply of credit to small businesses. Specifically, we examine whether bank mergers and acquisitions (Mamp;As) and entry have quot;externalquot; effects on small business loans by other banks in the same local markets. The...

We study the effects of structural changes in banking markets on the supply of credit to small businesses. Specifically, we examine whether bank mergers and acquisitions (Mamp;As) and entry have quot;externalquot; effects on small business loans by other banks in the same local markets. The...

We study the dynamics of market entry following mergers and acquisitions (Mamp;As) using banking industry data. The findings suggest that Mamp;As are associated with significant subsequent increases in the probability of entry and may explain more than 20% of entry in metropolitan markets, and...

Globalization has been identified by many experts as a new way firms organize their activities and as the emergence of talent as the new stakeholder in the firm. This paper examines the role of trade integration for the changing nature of the corporation. International trade leads to a 'war for...

This paper develops a theory which investigates how firms' choice of corporate organization is affecting firm performance and the nature of competition in international markets. We develop a model in which firms' organisational choices determine heterogeneity across firms in size and...