We investigate whether and how financial constraints of private firms depend on bank lending behavior. Bank lending behavior, especially its scale, scope and timing, is largely driven by bank business models which differ between privately owned and state-owned banks. Using a unique dataset on...

We examine the effect of private accounting information becoming public on small firms' access to bank debt. Both proprietary cost of disclosure and relationship banking have contributed to German private firms' traditional non-disclosure of financial statements. We employ a regulatory change,...

A complete framework for applications of behavioral finance in private banking, Behavioural Finance for Private Banking considers client needs specific to private banking like personal circumstances, objectives, and attitude to risk. This book includes the theoretical foundations of investment...