Showing 241 - 250 of 156,044
bank financing in a context of increasing financial constraints and higher risk of credit rationing since the crisis. We … of banking relationship: when the manager trusts its main bank, or when he is closer to his loan officer, the firm will …
Persistent link: https://www.econbiz.de/10013001399
We review the recent academic and policy literature on bank loan loss provisioning (LLP) to identify several advances … smoothing, methodological issues in the bank loan loss provisions literature and the dynamic loan loss provisioning experiment …
Persistent link: https://www.econbiz.de/10012964664
This study examines the effectiveness of bank recapitalization policies in Japan. Based on a careful reading of the … injection plan in Japan: 1) to increase the bank capital ratios 2) to increase lending, in particular to small and medium …. Using a panel of individual bank data, we empirically estimate the effectiveness of the Japanese government policy of public …
Persistent link: https://www.econbiz.de/10013160207
We examine the connection between the number of bank relationships and firms' performance using a unique data set on … on assets decrease as the number of bank relationships increases, the effects being stronger for small firms than for …. Particularly for small firms, these results are consistent with finding that suggest that having fewer bank relationships reduces …
Persistent link: https://www.econbiz.de/10013152983
both on competition and on banks' risk taking incentives. Drawing on the literature on the uniqueness of bank loans vis …
Persistent link: https://www.econbiz.de/10013155372
In this paper we study the relevance of the gender of the contracting parties involved in lending. We show that female entrepreneurs face tighter access to credit, even though they do not pay higher interest rates. The effect is independent of the information available about the borrower and...
Persistent link: https://www.econbiz.de/10013155529
I look at the relationship between corporate loan terms and connections of board members to bankers through employment on other boards, a connection less likely to be affected by confounding factors. Specifically, I examine whether loan terms such as pricing and maturity as well as other loan...
Persistent link: https://www.econbiz.de/10012844268
impact of bank credit supply frictions on firm performance. I exploit differences in the composition of banks' liabilities … structure during the financial crisis of 2007-2009 as a source of exogenous variation in the availability of bank credit to … nonfinancial firms, in order to identify the causal relationship between bank credit supply and firm performance, measured by firms …
Persistent link: https://www.econbiz.de/10012957434
This article investigates the relationship between discretionary loan loss provisions and bank intangibles among … associated with bank intangible assets and change in intangible assets, but the inverse association is weakened in environments …
Persistent link: https://www.econbiz.de/10012900164
Policy uncertainty (PU) is an increasingly important issue in many economies. Extensive evidence indicates that higher PU is associated with future negative macroeconomic and microeconomic conditions. In this paper, we examine how PU affects banks' accruals for loan losses. Consistent with banks...
Persistent link: https://www.econbiz.de/10012900883