We examine the impact of bank supervision on the financing obstacles faced by almost 5,000 corporations across 49 …. Finally, we find that bank supervisory agencies that force accurate information disclosure by banks and enhance private …

Extant literature suggests that bank monitoring improves corporate governance. This paper demonstrates that …' tunneling activity is positively associated with firms' bank loan access. This relation is particularly strong in firms with … disciplinary forces do not apply to them. Indeed, we further show that through tunneling, bank financing is negatively associated …