Fukuda, Shin-ichi; Kasuya, Munehisa; Nakajima, Jouchi - Center for Advanced Research in Finance, Faculty of … - 2005
To the extent that a borrower faces switching costs in a relationship with an individual bank, bank-specific financial health might affect a borrower's cost of funds. The costs would be particularly large for firms that have a close relationship with limited number of banks. The purpose of this...