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Distressed relationships : lessons from the Norwegian banking crisis

Ongena, Steven; Smith, David C.; Michalsen, Dag - 1999

This paper measures the economy-wide impact of bank distress on the loss of relationship benefits. We use the near-collapse of the Norwegian banking system during the period 1988 to 1991 to measure the impact of bank distress announcements on the stock prices of firms maintaining a relationship...

Persistent link: https://www.econbiz.de/10009767698