Showing 31 - 40 of 307,047
This paper studies how access to bank lending differed between family and non-family firms in the 2007-2009 financial … borrower-lender relationship. Using highly detailed data on bank-firm relations, we exploit the reduction in bank lending in … differences between the two types of firms and to time-varying bank fixed effects. We further show that the difference in the …
Persistent link: https://www.econbiz.de/10013008020
availability by including a set of unlisted firms (which are the firms most likely to be bank dependent) in the analysis, and by … data on ownership by banks are available, a higher concentration of ownership of the firm by either the main bank or the … firm's top three lenders increases the likelihood of the firm obtaining increased loans, suggesting that bank ownership of …
Persistent link: https://www.econbiz.de/10009665488
We study the effect of financial distress in foreign parent banks on local SME financing in 14 central and eastern … by the following types of bank financial distress: 1) low equity ratio; 2) low Tier 1 capital ratio; and 3) losses on … crunch ; financial crisis ; bank lending channel ; business lending …
Persistent link: https://www.econbiz.de/10003973496
SME Support Factor introduced by the European Commission in the current installment of the Basel regulation …
Persistent link: https://www.econbiz.de/10012940143
In the aftermath of the sovereign debt crisis the Central Bank of Hungary implemented a great-scale funding for lending … scheme designed specifically to subsidize SME finance. This creates a unique opportunity to identify this policy in the SVAR … framework as asymmetric credit supply shocks specific to SME lending. I find that during the post-crisis recovery, such …
Persistent link: https://www.econbiz.de/10012308585
SME Support Factor introduced by the European Commission in the current installment of the Basel regulation …
Persistent link: https://www.econbiz.de/10012936672
During the Great Recession home equity loan balances increased despite aggregate home equity falling (and overall debt not changing). Entrepreneurs are responsible for 77% of this increase, while only representing 13% of the population. I argue that this reflects entrepreneurs having to rely on...
Persistent link: https://www.econbiz.de/10013061990
Persistent link: https://www.econbiz.de/10011931903
This paper studies the impact of ownership reform on the credit allocation of China's three largest state-owned banks … decline in credit access in cities that are more exposed to these SOBs after bank reform, indicating that a bank ownership … universe of unlisted manufacturing companies and find that bank ownership reform also reduces bank lending to state …
Persistent link: https://www.econbiz.de/10012848082
Given the background of financial disintermediation and interest rate marketization, the assets of China’s commercial … determines the leverage ratio and the ratio of the two assets of the bank. Model results show that the impact from the volatility …, asymmetrically affecting the production scale of enterprises with two types of financing. Further, the bank’s leverage ratio changes …
Persistent link: https://www.econbiz.de/10011956350