Showing 31 - 40 of 229,190
Firm prestige reduces the cost of bank loans. Specifically, when borrowers are included in Fortune's list of “America …
Persistent link: https://www.econbiz.de/10012837157
volatility, we find that firms with high stock price fragility pay higher bank loan costs than firms with low fragility. This …
Persistent link: https://www.econbiz.de/10012838891
firm's chief executive officer (CEO) facial trustworthiness into bank loan contracting. We find that banks tend to grant … trustworthiness is not associated with a firm's actual credit rating, bankruptcy score, debt covenant violations, financial report …
Persistent link: https://www.econbiz.de/10012841598
We examine the contractual implications of lender trust in bank loan contracts. We measure a lender's trust using the …
Persistent link: https://www.econbiz.de/10012899252
international sample of bank loans, this paper demonstrates how these two contrasting forces result in an inverse U …
Persistent link: https://www.econbiz.de/10012973139
. Finally, we show that firms respond to lower borrowing costs by using more bank credit …We use the SEC Tick Size Pilot Program to show that stock liquidity reduces the cost of bank loans. Treated firms …
Persistent link: https://www.econbiz.de/10012852594
effort unequally based on a directorship's relative prestige. We investigate whether bank loan contract terms reflect such … unequal allocation of directors' monitoring effort. We find that bank loans of firms with a greater proportion of independent …
Persistent link: https://www.econbiz.de/10012854653
Persistent link: https://www.econbiz.de/10012803942
Persistent link: https://www.econbiz.de/10012703856
Persistent link: https://www.econbiz.de/10012514614