The past decade has seen significant changes in the structure of the corporate lending market, with non-bank … institutional investors playing larger roles than they historically have played. These non-bank institutional lenders typically have … higher required rates of return than banks, but invest in the same loan facilities. We hypothesize that non-bank …

The Farm Credit System (FCS) is an important source of financing for many rural communities in the United States. As a … government-sponsored enterprise (GSE), the FCS has a mandate to provide credit to farmers, ranchers, and aquatic producers at … syndicated loan market. This paper investigates whether FCS participation in this market affects the supply and pricing of credit …

) loans that include non-bank institutional lenders. These findings are consistent with lender disqualification provision … assigning loans to entities on a disqualified lender list provided by borrowers during loan origination. We provide evidence … inclusion in loan contracts to reduce proprietary costs and bargaining frictions that result from non-bank institutional lender …

This study aims to assess interconnectedness and risk in the market for syndicated loans to Japan's real estate … contagion via a syndicated loan market is expected based on syndicated loans outstanding at the end of 2021. Finally, this study … contributes to the literature on interconnectedness, credit risk, and systemic risk in J-REIT's syndicated loan network …

We examine the effects of CEO turnover in banks. Incoming bank CEOs face problems from information asymmetry because … banks' operations are opaque and bank risk can change dramatically in a short time. Incoming bank CEOs may therefore change … bank policies to manage their personal risks. Since CEO turnover is usually endogenous, we utilize a setting where CEO …