There is a heightened lack of clarity and understanding about the new U.S. business forms both in terms of theory and …

Interest rate risk is the exposure of a bank's financial condition to adverse movements in interest rates. Changes in … interest rates affect a bank's earnings by changing its net interest income and also affect the underlying value of the bank … for assessing a bank's interest rate risk exposure: earnings perspective and economic value perspective. Changes in banks …

better management practices enhance a firm's external financing capacity by lowering the firm's cost of bank loan. We do not …This paper investigates the effect of organizational capital, typified by various management practices within a firm … find any evidence that the lower loan cost of a high-quality-management firm is associated with more restrictive non …

episodes of bank specialization. We use the banks’ real loan allocation worldwide instead of the in-sample data to compute a … bank specialization. We find that firms borrowing from banks with high specialization levels incur lower bank loan spreads …'s sector is the same as its banks' specialized sector. However, this rent would transfer to a discount once the bank is highly …