An increase in collateral availability can reduce the need for bank auditing. We test this hypothesis using reforms … collateral and auditing are substitute screening devices …

In the aftermath of the global financial crisis, the market for unsecured credit literally dried out and collateral … than using them as collateral. The aim of this paper is to develop a non-equivalence between secured credit and outright … sale in the presence of asymmetric information and to show through a signaling game, why the willingness to deposit assets …

information asymmetry and during recessions. Further, religiosity has additional explanatory power for the cost of bank loans (but … abilities in pricing soft information, such as corporate culture. Finally, the impact of religiosity is stronger when the lender … is a small bank …

We provide evidence that the presence of bankers in the board of directors reduce information asymmetry between credit … information asymmetry …

The unique structure of syndicated lending results in information asymmetries within the lending syndicate between … effects of such information asymmetries, in this paper we propose a more direct measure. This offers new insights into how … junior and senior banks rely on their own and each other's information sets in lending syndicates. In particular, we look at …

structure allows for better information and resources flows between banks thus enhancing their social capital. We then show that …

structure allows for better information and resources flows between banks thus enhancing their social capital. We then show that …

literature explain collateral as arising from the existence of either ex ante private information or ex post incentive problems … short borrower-lender relationships that are relatively unknown to the lender. -- collateral ; asymmetric information …Collateral is a widely used, but not well understood, debt-contracting feature. Two broad strands of theoretical …