Fernández Méndez, Carlos; González Méndez, Víctor … - In: Business research quarterly : BRQ 22 (2019) 2, pp. 137-154
information and reduce the agency costs of debt, as it has a positive relationship with the maturity of debt and a negative … relationship with the cost of debt. These results are consistent with the predominance of the monitoring effect in bank ownership … over the expropriation effect. The role of banks as shareholders and lenders also contributes to reduce agency cost of debt …