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Competition and relationship lending: Friends or foes?
Presbitero, Andrea F.; Zazzaro, Alberto - 2010
Recent empirical findings by Elsas (2005) and Degryse and Ongena (2007) document a U-shaped effect of market concentration on relationship lending which cannot be easily accommodated by the investment and strategic theories of relationship lending. In this paper, we suggest that this...
Persistent link: https://www.econbiz.de/10010270467
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Long-lasting bank relationships and growth of firms
Gambini, Alessandro; Zazzaro, Alberto - 2010
A puzzling but consistent result in the empirical literature on banking is that firms with close bank ties do not grow faster than bank-independent firms. In this paper, we reconsider the link between relationship lending and firms' growth, distinguishing firms by size and 'health'. The idea is...
Persistent link: https://www.econbiz.de/10010270520
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Universal Banks and Relationships with Firms
Elsas, Ralf; Krahnen, Jan Pieter - 2003
intensive interaction between banks and firms, often described as Hausbank relationships. Links between banks and firms include … management control. Most of the recent evidence regarding small firms suggests that a Hausbank relationship can indeed be …
Persistent link: https://www.econbiz.de/10010311982
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Die Nutzung insolvenzrechtlicher Sanierungswege durch kleine und mittlere Unternehmen: Das Beispiel der Eigenverwaltung
Kranzusch, Peter; Icks, Annette - 2018
Sanierungswege, z. B. das eigenverwaltete Schutzschirmverfahren vor der Insolvenz und die Eigenverwaltung während des …With the introduction of the ESUG law, German insolvency legislation was reformed in 2012. It offers new proceedings … for enterprise re-organisation, both before insolvency and between the application for insolvency and the start of the …
Persistent link: https://www.econbiz.de/10011818046
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Finanzierung von kleinen und mittleren Unternehmen in der Corona-Pandemie
Pahnke, André; Nielen, Sebastian; Dienes, Christian; … - 2023
Unternehmen (KMU). Zu Beginn der Corona-Pandemie ist die Anzahl der KMU mit Finanzierungsproblemen gestiegen, sowohl in … Deutschland als auch in weiteren Ländern des Euroraums. KMU in Deutschland waren jedoch etwas stärker betroffen. Ein wesentlicher … Möglichkeiten der Finanzierung über Eigenmittel. Zusätzlich ist für die betroffenen KMU auch der Zugang zu Fremdkapital schwieriger …
Persistent link: https://www.econbiz.de/10014340153
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Do specialization benefits outweigh concentration risks in credit portfolios of German banks?
Böve, Rolf; Düllmann, Klaus; Pfingsten, Andreas - 2010
Lending specialization on certain industry sectors can have opposing effects on monitoring (including screening) abilities and on the sectoral concentration risk of a credit portfolio. In this paper, we examine in the first part if monitoring abilities of German cooperative banks and savings...
Persistent link: https://www.econbiz.de/10010303636
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On the Rationale of Bank Lending in Pre-Crisis Thailand
Menkhoff, Lukas; Suwanaporn, Chodechai - 2005
Evidence from credit files is provided to examine bank lending determinants of Thai commercial banks. Their lending practice follows reasonable patterns as a standard set of variables, including indirect risk variables, explains much of the variance in interest rate spread. Reflecting...
Persistent link: https://www.econbiz.de/10010262946
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Personal Bankruptcy Law, Wealth and Entrepreneurship: Theory and Evidence from the Introduction of a "Fresh Start"
Fossen, Frank M. - 2011
A personal bankruptcy law that allows for a "fresh start" after bankruptcy reduces the individual risk involved in entrepreneurial activity. On the other hand, as risk shifts to creditors who recover less of their credit after a debtor's bankruptcy, lenders may charge higher interest rates or...
Persistent link: https://www.econbiz.de/10011601000
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Anslag på bankenes tap på utlån til ikke-finansielle foretak
Hjelseth, Ida Nervik; Arbatli, Elif; Solheim, Haakon; … - 2020
Loans to non-financial enterprises are the main source of banks' losses. Analyses of banks' losses on corporate loans are therefore important in the assessment of financial stability. This paper presents Norges Bank's framework for estimating losses on corporate loans built up from microdata for...
Persistent link: https://www.econbiz.de/10012661601
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Estimates of banks' losses on loans to the corporate sector
Hjelseth, Ida Nervik; Arbatli, Elif; Solheim, Haakon; … - 2020
Loans to non-financial enterprises are the main source of banks' losses. Analyses of banks' losses on corporate loans are therefore important in the assessment of financial stability. This paper presents Norges Bank's framework for estimating losses on corporate loans built up from microdata for...
Persistent link: https://www.econbiz.de/10012661605