How does bank distress impact their customers' probability of default and trade credit availability? We address this … question by looking at a unique sample of German firms from 2000 to 2011. We follow their firm-bank relationships through times … of distress and crisis, featuring the different transmission of bank distress shocks into already weakened firm balance …

We analyze the stability of efficiency rankings of German universal banks between …

We studied information and interaction processes in six lending relationships between a universal bank and medium sized …, bank monitoring is based mainly on cheap, retrospective and internal data. In case of distress, more expensive, prospective … firm's investments might leave the bank in a very strong bargaining position and distort investment incentives. Therefore …

function with a timevariable stochastic efficiency term we show that positive scale and scope effects from a merger arise only … taken over by others are less efficient than the average bank in the same size class, but exhibit on average the same … efficiency as the acquiring firms. For the post-merger phase, our empirical results provide no evidence for efficiency gains from …

This paper investigates the size-efficiency relation of European cooperative banks during the 2006-2015 period. We … cooperative banks from 12 European countries. This work extends the existing literature by focusing on shape of size-efficiency … European cooperative banks are significantly more cost efficient than their bigger peers and that the size-efficiency relation …

We investigate the consistency of efficiency scores derived with two competing frontier …