This paper studies whether greater competition can mitigate agency problems within banks. We measure the intensity of … the agency conflict within a bank by the volume of loans that the bank lends to its insiders (e.g., executives). We first … banks react to greater competition by reducing insider lending, especially when the entry of new competitors may more …

We show that competition adversely affects the "specialness" of bank lending. In particular, we observe that the … deregulate interstate branching. The negative effect of competition on the value of bank loans is present only for ex-ante opaque … positive abnormal return on the borrowing firm's stock after the announcement of a bank loan is reduced in US states that …

Research shows that bank competition affects general economic and banking-related outcomes, but much less is known … that bank competition significantly reduces borrowers' risk-taking. In response to bank competition, firms invest in more … R&D risk. We also find that the decline in risk-taking is concentrated in operating accruals' volatility. Bank …

Bank (ECB) on the credit supply of the euro area banks. An empirical approach is used that permits distinction between the … that the TLTROs produce in the competition between banks in the loan and deposit markets and which also affect banks that … from 13 countries and their confidential replies to the ECB Bank Lending Survey, it is found that the TLTROs played a …

Less-intense competition for deposits, by mitigating banks' incentive to take excessive risks, is traditionally … uncompetitive loan markets, less-fierce competition for deposits (i.e., lower deposit rates) leads to lower loan rates and, thus … less eager to risk-shift; this softens competition for risky loans, leading to higher loan rates and, ultimately, riskier …

screened and excessive in good times, and is inefficiently rationed during recessions. More bank competition exacerbates the …

This paper analyzes costly favoritism related to physical attractiveness and gender in bank loan markets using a market …