Showing 1 - 10 of 16,481
Mercantile Registry and the Bank of Spain Credit Registry (CIR) to classify firms according to their number of banking relations … importance of such groups in a European country. We control for reverse causality by treating bank relationships as endogenous …
Persistent link: https://www.econbiz.de/10008540441
information on the geographic distribution of bank branches and matched lenderborrower financial statements during 1996-2004, we … with bank governance. …
Persistent link: https://www.econbiz.de/10005112840
We examine firms' motivation to change their main bank and how this switch affects loans, interest payments and firm … performance after switching. Applying treatment effect analysis on unique firm-bank matched Ukrainian data, we find that larger … and highly leveraged companies are more likely to switch their main bank. Importantly, firms tend to switch to a new main …
Persistent link: https://www.econbiz.de/10008876230
This paper provides new insights into the way in which the capital structure and market power and capital structure and profitability are related. We used sample data of fourteen banks listed on the Amman Stock Exchange for the period from 2005 to 2008.We examine the dependent variable, which...
Persistent link: https://www.econbiz.de/10009358759
We examine why firms change their main bank and how this affects loans, interest payments and firm performance after … switching. Using unique firm-bank matched Ukrainian data, the treatment effect estimates suggest that more transparent and … riskier companies are more likely to switch their main bank. Importantly, main bank power, measured by equity holdings …
Persistent link: https://www.econbiz.de/10005068870
We examine why firms change their main bank and how this affects loans, interest payments and firm performance after … switching. Using unique firm-bank matched Ukrainian data, the treatment effect estimates suggest that more transparent and … riskier companies are more likely to switch their main bank. Importantly,main bank power, measured by equity holdings, appears …
Persistent link: https://www.econbiz.de/10005025454
We provide evidence on the costs and profitability of relationship lending by banks. We derive bank-specific measures … rates, and then estimate cost and profit functions to examine how smoothing affects bank costs and profits.<p> <p …-term contract between a bank and its borrower, while loan rate smoothing in response to an interest rate shock is. …
Persistent link: https://www.econbiz.de/10005742706
A large body of literature has shown that small firms, due to their opaqueness, may find it difficult to access the credit market. Informational asymmetries may be mitigated by posting collateral or by building relationships with lenders (relationship lending). However, in some cases, due to a...
Persistent link: https://www.econbiz.de/10005835569
We trace the relationship between firm performance and corporate governance in microfinance institutions (MFI) utilising a self constructed global data set on MFIs, collected from third-party rating agencies. We study the effect of board characteristics, ownership type, competition and...
Persistent link: https://www.econbiz.de/10005836719
This paper exploits a unique data set on bank-firm relationships based on syndicated loan deals to examine the effect … essentially allows controlling for all bank and firm characteristics through respective fixed effects, thus avoiding concerns …
Persistent link: https://www.econbiz.de/10011156952