Most of the literature addressing multiple banking assumes equal financing shares. However, unequal, concentrated or asymmetric bank borrowing is widespread. This paper investigates the determinants of creditor concentration for German firms using a comprehensive bank-firm level dataset for the...

Most of the literature addressing multiple banking assumes equal financing shares. However, unequal, concentrated or asymmetric bank borrowing is widespread. This paper investigates the determinants of creditor concentration for German firms using a comprehensive bank-firm level dataset for the...

The freedom of economic initiative involves the natural presence on the market of a plurality of entrepreneurs who offer goods or services identical or similar and, therefore, are in a competition to attract the potential consumers and to achieve economic success. To achieve these objectives,...