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 …

Mercantile Registry and the Bank of Spain Credit Registry (CIR) to classify firms according to their number of banking relations … importance of such groups in a European country. We control for reverse causality by treating bank relationships as endogenous …

Islamic bank, for example, might enjoy enhanced market power if a captive clientele adhering to religious principles permits …

prediction using a sample of more than 3,000 loans from 19 European countries. We perform regressions of the number of bank …

moral hazard model in which the bank's incentive to mitigate political risk is highest with a non-recourse project finance …

bank headquarter locations in a cross-country comparison to investigate whether a decentralised geographical structure …

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 acquisi tions 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 finan cing and …

Why do banks remain passive? In a model of bank-firm relationship we study the trade-off a bank faces when having … defaulting firms declared bankrupt. First, the bank receives a payoff if a firm is liquidated. Second, it provides information … about a firm's type to its competitors. Thereby, asymmetric information between banks is reduced and bank competition …