trustworthiness is not associated with a firm's actual credit rating, bankruptcy score, debt covenant violations, financial report …

of debt in presence of loan contract clauses is addressed …

gains and losses on the liabilities attributable to changes in the banks' own credit risk, referred to as the debt valuation …

as loan contract terms. Specifically, firms newly added to institutional cross-owners’ portfolios are more likely to …

show that lenders perceive that LLA clauses signal higher credit risk and, in turn, decrease perceived creditworthiness. We …

lending, borrower quality and collateral as a key variable in loan contract design. We used a unique data set based on the … examination of credit files of five leading German banks, thus relying on information actually used in the process of bank credit … decision-making and contract design. In particular, bank internal borrower ratings serve to evaluate borrower quality, and the …