literature, little is known about the relationship between the bank market structure and access to finance for opaque firms …, particularly in developing economies such as South Africa. Using ordered probit and logit models, we investigate the impact of bank … market structure on small, micro and medium enterprises (SMMEs)access to finance. Our results show that high bank …

The paper investigates the link between bank concentration and a country's buyout market. We perform a macro level … for the size of the buyout market. The elasticity ranges from 1 up to 3 percent depending on which bank concentration … measure is employed and what segment of buyout market we look at. We also find that bank concentration is irrelevant for the …