We assess the abilities and the role of buy-side analysts within mutual fund families by analyzing mutual funds managed by buy-side analysts from fourteen fund families. Buy-side analysts exhibit investment abilities by realizing positive style- and risk-adjusted returns. Analysts' skills have a...

In this study I empirically examine U.S. publicly traded firms to determine the impact of banking relationships on the future of financially distressed firms. Results demonstrate that banking relationships significantly increase the probability of future firm emergence from distress when firms...

We study the effects of common ownership on syndicated loan market interactions. We find that borrowers and lenders that are commonly held by an institutional blockholder tended to do more business together going forward than those that are not commonly held. We hypothesize that the increased...

We estimate the impact on individual bank loan growth caused by supervisory restrictions associated with a poor bank examination rating. We use a novel approach to control for bank loan demand variation and estimate a fixed-effect model using an unbalanced panel with over 443,000 bank-quarter...