credit agreement on firm's financial policy …

. Following Berger, Klapper and Udell (2001), we test whether local banks possess a superior ability to deal with information … studies, we distinguish foreign banks with a local presence from those without such presence. The intuition here is that a … influence of the presence of domestic-owned banks or foreign-owned banks on the spread. Additional estimations considering …

We investigate the relationship between borrower quality and the structure of the pool of banks. First, we develop a … disclose their quality in a credible way through the structure of the banking pool involving fewer banks. Second, we test our …

This paper considers whether information asymmetries affect the willingness of foreign banks to participate in … asymmetries in the relationship between the borrower and the lender, exerts an impact on the participation of foreign banks in … borrowing firm does not positively influence participation of foreign banks in the loan syndicate. We conclude that information …

's default. In this article, we investigate regulatory and institutional determinants of credit risk taking and bank's default … probability in emerging market economies. Using a two step logit model applied to a database of banks from emerging economies, we … confirm the role of the institutional and regulatory environment as a source of excess credit risk, which increases a bank …

This paper considers whether information asymmetries affect the willingness of foreign banks to participate in … how ownership concentration influences the participation of foreign banks in a loan syndicate using a sample of syndicated … banks in the loan syndicate. Additional estimations using alternative specifications provide similar results. As foreign …

This paper considers whether information asymmetries affect the willingness of foreign banks to participate in … how ownership concentration influences the participation of foreign banks in a loan syndicate using a sample of syndicated … banks in the loan syndicate. Additional estimations using alternative specifications provide similar results. As foreign …

occurrence. Multiple renegotiations concern very large loans, which are funded by large pools of lenders with fewer lead banks …. Borrower transparency and amendment characteristics halt the number of renegotiation rounds, while the credit crisis of 2008 …