Delis, Manthos D.; Kokas, Sotirios; Ongena, Steven - University of Cyprus Department of Economics - 2015
Does bank market power affect firm performance? We answer this question by examining 25,236 syndicated loan facilities … obtain loans from banks with more market power, we find that in the year after loan origination bank market power positively … of bank market power not only facilitates access to credit by poorly-performing firms but also boosts the performance of …