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We investigate how banking relationships that combine lending and underwriting services affect the terms of lending, through both loan supply- and loan demand-side effects, and the underwriting costs of debt and equity issues. We capture and control for firm characteristics, including...
Persistent link: https://www.econbiz.de/10012760608
We investigate how banking relationships that combine lending and underwriting services affect the terms of lending, through both loan supply- and loan demand-side effects, and the underwriting costs of debt and equity issues. We capture and control for firm characteristics, including...
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risk in the banking sector that affect the bank performance, as it exhibits loss probability because of the failure of … debtor to fulfill its obligations to bank. In June 2016, the level of non-performing loans in Albania appears in 24.4% of … purpose of the estimable model outlined in this section is to capture the effects of macroeconomic, bank specific factors and …
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