Comeig, Irene; Fernández-Blanco, Matilde O.; Ramírez, … - In: Journal of Business Research 68 (2015) 7, pp. 1650-1652
This study analyzes the effect of the reputation SMEs get in a relationship lending on the cost of next loans. A unique … dataset of 734 Spanish SMEs' relationship lending provides information on a loan-by-loan basis about the ex post previous loan …' risk-level during relationship lending and use this information. Loans granted after a successful one pledge significantly …