Showing 1 - 10 of 201
We show that competing firms relax overall competition by lowering future barriers to entry. We illustrate our findings in a two-period model with adverse selection where banks strategically commit to disclose borrower information. By doing this, they invite rivals to enter their market....
Persistent link: https://www.econbiz.de/10011541031
banking sector concentration; "in-market" mergers with large target banks; importance of large banks in providing external …
Persistent link: https://www.econbiz.de/10013137097
Assessing the impacts of bank mergers on small firms requires separating borrowers with single versus multiple banking …
Persistent link: https://www.econbiz.de/10013137850
Assessing the impacts of bank mergers on small firms requires separating borrowers with single versus multiple banking …
Persistent link: https://www.econbiz.de/10013156656
How does bank distress impact their customers' probability of default and trade credit availability? We address this question by looking at a unique sample of German firms from 2000 to 2011. We follow their firm-bank relationships through times of distress and crisis, featuring the different...
Persistent link: https://www.econbiz.de/10012860838
It is well recognized that relationship banking helps to relieve the credit constraints faced by SMEs to access bank … finance. Trust is an important part of relationship banking. However, the term trust is nebulous,and relationship banking … relationship banking is largely unexplored. Using a unique primary dataset of SMEsin the UK, we construct a measure of trust …
Persistent link: https://www.econbiz.de/10012632147
Using firm-level destination country-specific export data and bank branch data from China, we find that foreign banks can significantly promote firms’ export toward the destination country where the banks are originated from. Our findings are robust after addressing different types of...
Persistent link: https://www.econbiz.de/10013211820
What is the impact of environmental consciousness (i.e., being green) as borrower and as lender on loan rates? We investigate this question employing an international sample of syndicated loans over the period 2011-2019. We find that green firms borrow at a signifi- cantly lower spread,...
Persistent link: https://www.econbiz.de/10012309918
banking sector concentration; "in-market" mergers with large target banks; importance of large banks in providing external …
Persistent link: https://www.econbiz.de/10011625812
Assessing the impacts of bank mergers on small firms requires separating borrowers with single versus multiple banking …
Persistent link: https://www.econbiz.de/10011597132