Pessoa Gonçalves, Marisa; Reis, Pedro M. Nogueira; … - In: International Journal of Financial Studies : open … 12 (2024) 1, pp. 1-21
In this study, we provide a thorough analysis, conducted on a company-by-company basis, of the impact of bank … concentration and the bank-relative power of banks on firm profitability, financing costs, and capital structure in a small economy …). Principal component analysis (PCA) was used to determine bank concentration, and a new variable, "bank-related power", was …