Strieborny, Martin; Kukenova, Madina - Knut Wicksells centrum för finansvetenskap, … - 2013
relationship-specific investment and signaling role of financial intermediaries, we argue that a strong banking sector can … industries dependent on relationship-specific investment from their suppliers grow disproportionately faster in countries with a … relationship-specific assets (the hold-up problem). However, a supplier would also be reluctant to undertake relationship-specific …