relationships after their bank branch closes are “better” than regular switchers in terms of unobservable characteristics. Taken …

competition on bank orientation - i.e., the choice of relationship based versus transactional banking. We empirically investigate … the impact of interbank competition on bank branch orientation. We employ a unique data set containing detailed … information on bank-firm relationships. We find that bank branches facing stiff local competition engage considerably more in …

We study a representative dataset from Turkey that identifies firm–bank connections. Banks in Turkey differ not only in … bank types. We estimate a multinomial logit of the choice by the firm of bank type. We document a strong correspondence … between bank type and firm characteristics that is not always the same as has been documented so far for US datasets. For …

foreign bank lending on firm growth and financing. Foreign lending stimulates growth in firm sales, assets, and leverage, but …-1993 – arguably the most connected businesses – benefit least from foreign bank entry. This finding suggests that foreign banks can …

Using a novel dataset that allows us to trace the bank relationships of a sample of mostly unlisted firms, we explore … which borrowers are able to benefit from foreign bank presence in emerging markets. Our results suggest that the limits to … financial integration are less tight than the static picture of firm-bank relationships implies. Even though foreign banks are …

effect on loan conditions of the geographical distance between firms, the lending bank, and all other banks in the vicinity …. For our study, we employ detailed contract information from more than 15,000 bank loans to small firms and control for … relevant relationship, loan contract, bank branch, firm, and regional characteristics. We report the first comprehensive …

Recent theoretical models argue that a bank’s organizational structure reflects its lending technology. A … hierarchically organized bank will employ mainly hard information, whereas a decentralized bank will rely more on soft information …. We investigate theoretically and empirically how bank organization shapes banking competition. Our theoretical model …

Using a novel dataset that allows us to trace the primary bank relationships of a sample of mostly unlisted firms, we … explore which borrowers are able to benefit from foreign bank presence in emerging markets. Our results suggest that the … limits to financial integration are less tight than the static picture of bank-firm relationships implies. Even though …