We empirically examine the impact of bank consolidation on bank acquisition of soft information about borrowers. Using … complexity upon a merger, rather than a post-merger cost-cut, is likely to cause a negative and significant impact on soft …

, and the kink point is 5%. Using the bank merger events and the 5% rule as the exogenous shock for blockholders, our …In this paper, we investigate the impact of bank mergers on the lending relationship and on client-firm performance. We … study bank mergers that have occurred in Japan since 2000 and find that banks reduce the loan amounts for firms with which …

period, we find that the cost of bank loans is significantly lower for companies that have board members with political ties …. This negative link between political connections and the costs of bank loans is more profound for firms with more … government procurement dependence, less relationship lending, lower credit ratings, for firms facing stronger foreign competition …

scale from pre-existing credit lines and loan commitments in anticipation of cash flow disruptions from the economic …-shock bank capital, explain why banks were able to accommodate these liquidity demands …

they recognize that connections enhance the borrower's credit worthiness and a Bank Channel in which banks assign greater … period, we find that the cost of bank loans is significantly lower for companies that have board members with political ties … distinguish between these two channels, we find strong support for the Borrower Channel but no direct evidence supporting the Bank …