In a model of dual agency problems where borrower-lenders and bank-nonbank incentives may conflict, we predict a hockey … stick relation between bank skin in the game and covenant tightness. As bank participation declines covenant tightness … bank relationship rents are high …

878 US bank holding companies over the period 2001–2009, I find strong evidence of income smoothing behavior. Additionally …, bank holding companies accelerate loan loss provisions to smooth income when (1) banks hit the regulatory minimum target …, (2) are in non-recessionary periods, and (3) are more profitable. I also find that bank internally set regulatory capital …

via loan loss provisions is not reduced among African banks with Big 4 auditor; and (iv) bank provisioning in Africa is …

This article investigates the relationship between discretionary loan loss provisions and bank intangibles among … associated with bank intangible assets and change in intangible assets, but the inverse association is weakened in environments …

losses are negatively associated with bank stock prices, suggesting that investors are able to extract information about …

informativeness of loan loss provisions for future loan defaults and bank stock returns …

information frictions. We investigate whether financial statement complexity is associated with firms' reliance on bank financing … and with the terms of bank loans. We focus on two dimensions of complexity that capture the volume and presentation of … information: 10-K length and readability. First, we document that complexity is positively associated with firms' reliance on bank …

We analyze whether the disaggregation quality (DQ) of a borrower's financial statement is associated with its bank loan … pricing. We find that firms with low DQ have high bank loan spreads and total cost of borrowing. These results are more … information to bank loan lenders …