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Persistent link: https://www.econbiz.de/10003376347
Recent empirical findings by Elsas (2005) and Degryse and Ongena (2007) document a U-shaped effect of market concentration on relationship lending which cannot be easily accommodated by the investment and strategic theories of relationship lending. In this paper, we suggest that this...
Persistent link: https://www.econbiz.de/10003979983
Persistent link: https://www.econbiz.de/10009304817
Recent empirical findings by Elsas (2005) and Degryse and Ongena (2007) document a U-shaped effect of market concentration on relationship lending which cannot be easily accommodated by the investment and strategic theories of relationship lending. In this paper, we suggest that this...
Persistent link: https://www.econbiz.de/10013316197
dataset of bank loans, we empirically document that loan contract characteristics such as interest rates and collateral … requirements are sensitive to the hierarchical allocation of decision-making authority within the bank’s organization. …
Persistent link: https://www.econbiz.de/10011443131
Persistent link: https://www.econbiz.de/10010245599
dataset of bank loans, we empirically document that loan contract characteristics such as interest rates and collateral … requirements are sensitive to the hierarchical allocation of decision-making authority within the bank's organization …
Persistent link: https://www.econbiz.de/10012944347
Persistent link: https://www.econbiz.de/10014251537
In this paper we explore the effects of bank-borrower physical proximity on price and non-price aspects of small … bank-borrower distance and decrease with the distance between borrower and other competing banks. Along the quantity … quantity effects of bank-borrower distance are concentrated among less transparent firms. Our findings are consistent with …
Persistent link: https://www.econbiz.de/10013087190
In this paper we study the relevance of the gender of the contracting parties involved in lending. We show that female entrepreneurs face tighter access to credit, even though they do not pay higher interest rates. The effect is independent of the information available about the borrower and...
Persistent link: https://www.econbiz.de/10013155529