credit by their bank. The reduction in collateral value also precedes a decrease in bank monitoring intensity and frequency … type of collateral that is comparable to the floating lien. We explore this natural experiment to identify how collateral … determines borrower quality, loan terms, access to credit and bank monitoring of business term loans. Using a differences …

recent financial crisis. In order to establish and implement a monitoring framework that allows for an effective assessment … the implementation of a monitoring framework in Europe. …

We present a theory of banking regulation affecting procedural compliance in monitoring collateral in secured debt … contracts. The theory suggests an externality which creates a gap between the socially optimal level of monitoring and the bank …’s privately optimal level. Banks can not be punished ex post for lack of monitoring or otherwise in the bad state of nature. Hence …

credit by their bank. The reduction in collateral value also precedes a decrease in bank monitoring intensity and frequency … type of collateral that is comparable to the floating lien. We explore this natural experiment to identify how collateral … determines borrower quality, loan terms, access to credit and bank monitoring of business term loans. Using a differences …

consider collateral and monitoring to be complements, the reduction in collateral precedes a decrease in bank monitoring …Collateral is one of the most important features of a debt contract. A substantial theoretical literature motivates the … use of collateral as a means to alleviate ex-ante and ex-post information asymmetries between borrowers and lenders and …

The National Forest Soil Inventory (NFSI) is an essential part of the German Forest Monitoring Programme. Within the …