economies. Suppliers and bankers represent alternative governance structures to a firm because of their trade credit and loan … effect regression of banking sector development and trade credit of firms listed on the JSE SRI and non-SRI listed firms was … done to ascertain whether trade credit gives firms a preferred governance system and structure. The findings affirm that …

employ a regression discontinuity design to identify the effect of bank interventions on their borrowers' trade credit. The … results show that trade credit experiences a substantial decline when banks intervene in the borrowing firm following covenant … contracts when they rely more on trade credit or trade creditors …

credit for entrepreneurs in rural areas when they faced bank credit constraints. Considering SEs in Galicia (Spain), a … of 2008-2012. There’s evidence of firms in rural areas facing a differential negative flow of bank credit during the … the impact of bank credit restrictions over trade credit. …

government-subsidized credit, and that larger businesses and politically-important industries capture larger shares of the …

increases in the availability of bank credit affect trade credit. We find that firms with higher credit risk increased their use … firms with lower credit risk increased their use of bank credit and reduced their use of trade credit after the 2013 bank …Prior studies find mixed evidence about the substitution relation between bank credit and trade credit. In this paper …

-in-difference method, we find that infra-marginal bank borrowers significantly reduce their trade credit after the introduction of the …This paper investigates how credit information sharing affects corporate trade credit. Utilizing the difference … Chinese National Enterprise Credit Information Publicity System (NECIPS), a groundbreaking public credit registry in China …

many of these loans are held by more than one bank. We study differences in banks' estimates of risk parameters used to … parameters affect bank credit supply …Syndicated loans provide an exceptional opportunity to study differences in banks' approaches to measuring risk because …

Using news-based government economic policy uncertainty (EPU) index of Baker et al. (2016) and bank-level data from 17 … with interest rates on bank gross loans. Specifically, a one standard deviation increase in EPU leads to 21.84 basis points … increase in average interest rates on bank gross loans. We conjecture the economic policy uncertainty boosts banks' loan prices …

regulatory capital twice as large as the bank that sets the lowest LGDs. We argue that these differences in risk parameters … large U.S. banks assign to syndicated loans for regulatory capital purposes. Using internal bank data on loans that had PDs … and LGDs assigned by more than one bank, we find substantial dispersion in these parameters. Banks differ substantially in …