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Reputation acquisition, collateral, and moral hazard in debt markets

Calem, Paul Seth - 1991

Persistent link: https://www.econbiz.de/10000811288

The incentive effects of the overlapping project structure in credit markets

Niinimäki, Juha-Pekka - In: Journal of economics and business 128 (2024), pp. 1-16

Persistent link: https://www.econbiz.de/10015066028

Screening and monitoring in informal credit markets : evidence from rural Punjab

Singh, Indervir - In: South Asia economic journal : journal of the Institute … 23 (2022) 2, pp. 228-251

Persistent link: https://www.econbiz.de/10013387309

Informed principals in the credit market when borrowers and lenders are heterogeneous

Barigozzi, Francesca; Tedeschi, Piero - 2016

Both borrowers and lenders can be socially responsible (SR). Ethical banks commit to financing only ethical projects, which have social profitability but lower expected revenues than standard projects. Instead, no credible commitment exists for SR borrowers. The matching between SR borrowers and...

Persistent link: https://www.econbiz.de/10011705659

Merger performance and managerial incentives

Kräkel, Matthias; Müller, Daniel - 2014

We consider a two-stage principal-agent model with limited liability in which a CEO is employed as agent to gather information about suitable merger targets and to manage the merged corporation in case of an acquisition. Our results show that the CEO systematically recommends targets with low...

Persistent link: https://www.econbiz.de/10011430291