This paper provides some interesting insight into the impact of financial freedom and inter-industry competition on commercial banking sector competition in Sri Lanka. The study used a broader set of panel data and employed Panzar-Rosse approach to estimate the degree of bank competition. The...

We address the question of how lending market competition, measured by the bargaining power of banks, affects the agency costs of debt finance. It is shown that intensified lending market competition will lead to lower lending rates and investment return distributions which are shifted towards...