This paper explores the puzzle of inconsistent findings in regard to bank lending decisions and the negative response … to bank loan announcements in China. Using firm performance before and after the lending decisions, adjusted for the … some cases it is no longer related to bank loan size. Specifically, the positive relationship disappears for loans by …

' assessments of firms' credit quality and economic worth following loan announcements. Our sample comprises 986 announcements of … bank loans to U.S. firms over the period of 1980-2003. We find that investors react positively to such announcements if the …'s headquarters state. Investor reaction is, in fact, the largest when the bank is foreign. Our evidence suggest that investors value …

bank loan announcements in the Chinese financial market, where poor quality borrowers are prevalent and the banking system … bank loan announcements and the borrowers' quality.Findings – It is revealed that the negative market response to bank loan … difference on the effects of the borrowers' quality on the size of the market response to bank loan announcements following China …

Can banks trade credit default swaps (CDSs) referenced on their current corporate clients at competitive prices, or are …

The impact of U.S. bank loan announcements on the stock prices of the corporate borrowers has been decreasing during … jump back up to around 200 basis points. We surmise that in a booming credit market the certification of corporate …

Using a comprehensive sample of over 10,000 bank loan announcements, we find results that differ from the findings of … Maskara and Mullineaux (JFE 2011) and also that of Fields et al (JMCB 2006), which indicated that announcement effect of bank … loans on borrower stocks disappeared as of late. We find bank loan announcements still have significant impact on borrowing …