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Do private banks act as hard-nosed bankers when firms get financially distressed compared to public banks that have the mandate to support regional economy? For German firms in the period 2000-2005, I find that the probability of leaving the market after financial distress is higher for firms...
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We examine evidence for a systematic underperformance of Germany's state-owned banks in the current financial crisis …
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We examine evidence for a systematic underperformance of Germany's state-owned banks in the current financial crisis …
Persistent link: https://www.econbiz.de/10013142003