This study provides direct evidence of the value to banks arising from relationship lending by estimating the market premium placed on banking organizations' small business loan portfolios. Using data from the small business loan survey contained in the June bank Call Reports, we find that small...

Cover -- Half Title -- Series Title -- Title -- Copyright -- Contents -- Acknowledgements -- 1 What Is Enterprise Policy and Why Is it Important? -- 2 Government, Small Firms and Entrepreneurship in the Nineteenth Century -- 3 Filling the Finance Gap -- 4 Regional Enterprise Policy -- 5 Early...