Avramidis, Panagiotis; Asimakopoulos, Ioannis; … - 2022
Using a sample of bank loans to firms operating in the Greek tourism sector, and regional variation of tourism … activities to identify the strategic defaulted firms, we examine the impact of bank consolidation on the firms’ payment behavior … default by the target bank’s borrowers. In contrast, mergers with a limited impact on the lending relationship have no effect …