Ongena, S.; Popov, A.; Udell, G.F. - Tilburg University, Center for Economic Research - 2011
This paper provides the first empirical evidence on how home-country regulation and supervision affects bank risk-tailing in host-country markets. We analyze lending by 136 banks to 8,253 firms in 1,513 different localities across 13 countries. We find strong evidence that laxer regulatory...