Showing 1 - 10 of 20
Persistent link: https://www.econbiz.de/10001432948
Persistent link: https://www.econbiz.de/10001401563
Persistent link: https://www.econbiz.de/10001785525
Persistent link: https://www.econbiz.de/10001415061
Persistent link: https://www.econbiz.de/10001657106
Persistent link: https://www.econbiz.de/10001856935
Persistent link: https://www.econbiz.de/10009492013
Persistent link: https://www.econbiz.de/10003886730
"We offer a new explanation of loan syndicate structure based on banks' comparative advantage in managing systematic liquidity risk. When a syndicated loan to a rated borrower has systematic liquidity risk, the fraction of passive participant lenders that are banks is about 8% higher than for...
Persistent link: https://www.econbiz.de/10003729140
We offer a new explanation of loan syndicate structure based on banks' comparative advantage in managing systematic liquidity risk. When a syndicated loan to a rated borrower has systematic liquidity risk, the fraction of passive participant lenders that are banks is about 8% higher than for...
Persistent link: https://www.econbiz.de/10003659273