The authors formulate and test hypotheses about the role of bank ownership types-foreign, state-owned, and private … hypotheses with regard to foreign banks. These banks tend to serve as the main bank for transparent firms, and firms with foreign … across bank ownership types. The data are also consistent with the hypothesis that firms with state-owned main banks are …

We formulate and test hypotheses about the role of bank ownership type--foreign, state-owned, and private domestic … are more likely than others to diversify relationships across bank ownership types. The data are also consistent with the …