Using firm-level destination country-specific export data and bank branch data from China, we find that foreign banks …

taking. These results are tied to market shares and not driven by bank size or the level of concentration within local …

Using a large dataset of firm-bank and ownership information for 23 European countries over 2008-2015, we study the … dynamics of bank relationships after corporate acquisitions and the effects of changing banks on firm performance. Foreign … help reduce the cost of financing. We further explore firm and bank heterogeneity and confirm cost of financing and …

the agency conflict within a bank by the volume of loans that the bank lends to its insiders (e.g., executives). We first … strongly affect bank profitability. Results are robust to using various identification approaches and alternative indicators of …

since the mid-1930s when banks invented the term loan. Concurrently, bank innovation first involved the invention of credit … analysis and covenant design. Later, bank innovation included the advent of loan sales, increased loan syndications, the … calibrate a model of bank innovation to determine the quantitative contribution of bank innovation to economic growth …

bank-credit cyclicality and financial stability - as measured by volatility of credit-output ratio and credit spread. We …