The aim of this study is to investigate the impact of corruption on bank lending in Russia. This issue is of major … regional measures of corruption and bank-level data to perform this investigation. Our main estimations show that corruption … hampers bank lending in Russia. We investigate whether this negative role of corruption is influenced by the degree of bank …

game involving the limit-price mechanism. The profits of the Bank are redistributed to its private shareholders, but they …

unique dataset of bank loans granted to French distressed firms, which contains full information on the type and value of … decision of the bank to secure a loan, as no type of collateral helps to solve adverse selection and moral hazard problems. The …

in bank policies may have contributed to these trends, socioeconomic changes in the population alone can explain the …

--for bank monitoring and information provision. Historical evidence provided by these banknote reporters suggests that reporters … and brokers efficiently priced bank default risks. Brokers typically downgraded the debt issues of a troubled banks two … years prior to its failure. In other cases, brokers often downgraded a bank's debt, forcing the bank to shape up and causing …

The paper augments the asymmetric information literature on bank lending to new ventures by focusing on the more … dramatic effects on access to bank finance as it both increases the risk aversion of the borrower as well as the usual affect …