consider the tradeoff between the benefits of direct bank monitoring to the firm and the costs of active bank involvement in …. Consistent with high potential costs of active bank involvement, we find that bankers tend to be represented on the boards of … implications for the current bank regulatory reform debate, such as whether to permit banks to own equity in non-financial firms …

theories of regulatory entry and exit. We focus on bank branching deregulation across the states which began a quarter century …

. Theory offers competing hypotheses about how competition ought to influence firm entry and access to bank credit by mature …

outside directors than non- financial firms, and bank officer-directors tend to have more external board directorships than …- information cost firms are also more likely to borrow from their connected bank, and when they do so the terms of the loan appear …

Using exogenous deposit windfalls from oil and natural gas shale discoveries, we demonstrate that bank branch networks …

In 2011, Colombia instituted a tax on repayment of bank loans, thereby increasing the cost of short-term bank credit … firms from bank liquidity shocks …