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The current economic policy discussion on financial integration in the European Union concentrates on cross-border mergers. We study the impact of cross-border lending in a theoretical model where banks acquire either hard or soft information on borrowing firms and predict that the closer firms...
Persistent link: https://www.econbiz.de/10005835227
and remain successful in increasingly turbulent times, SMEs and entrepreneurs need to obtain certain success factors. One …
Persistent link: https://www.econbiz.de/10009352441
Banking regulations often differ between countries: Some regulators require banks to document their evaluation of firms’ creditworthiness, which determines the banks’ choice of lending technology. In a theoretical model, we study how differences in regulation influence competition between...
Persistent link: https://www.econbiz.de/10010741770
Persistent link: https://www.econbiz.de/10010877594
show that distance matters for cross-border lending, especially for the SMEs. In contrast to the policy of harmonization …
Persistent link: https://www.econbiz.de/10010264346
Persistent link: https://www.econbiz.de/10010312068
The current crisis raises the question whether loans to SMEs in emerging markets areinherently more risky. We use a … indebtedness significantly increases the probability of default.Finally, liability as proxied by the legal form of SMEs has …
Persistent link: https://www.econbiz.de/10010312083
show that distance matters for cross-border lending, especially for the SMEs. In contrast to the policy of harmonization …
Persistent link: https://www.econbiz.de/10005181385
The current economic policy discussion on financial integration in the European Union concentrates on cross-border mergers. We study the impact of cross-border lending in a theoretical model where banks acquire either hard or soft information on borrowing firms and predict that the closer firms...
Persistent link: https://www.econbiz.de/10010333981
The objective of this article is to create a better understanding of the intersection of the academic fields of entrepreneurship and strategic management, based on an aggregation of the extant literature in these two fields. The article structures and synthesizes the existing scholarly works in...
Persistent link: https://www.econbiz.de/10011946295