Aivazian, Varouj A.; Qiu, Jiaping; Rahaman, Mohammad M. - In: Journal of Financial Intermediation 24 (2015) 2, pp. 252-282
This paper investigates the effect of corporate diversification on the pricing of bank-loan contracts. We find that diversified firms have significantly lower loan rates than comparable focused firms, and we find no evidence that diversified firms are subject to more restrictive non-price...
