Statnik, Jean-Christophe - 2015
-2010. This study seeks to identify the benefits of bank-firm relationships when credit is unconstrained. By using a unique set of … data collected from a French relationship bank (CMNE), covering the period 1996-2009, the study shows that, depending on … the health of the economy, the benefits of bank-firm relationships may take the form of a weaker credit spread. The …