This paper analyses the influence of bank ownership and lending on capital structure for a sample of listed and unlisted Spanish firms in the period 2005–2012. The results suggest that bank ownership allows banks to obtain better information and reduce the agency costs of debt, as it has a...

This paper analyses the influence of large controlling shareholders on the terms of bank loans for a sample of 984 loans to 261 nonfinancial Spanish public and private firms over the period 2001-2017. The results show that the presence of large controlling shareholders increases interest rate...