In this paper, we investigate the impact of bank mergers on the lending relationship and on client-firm performance. We … study bank mergers that have occurred in Japan since 2000 and find that banks reduce the loan amounts for firms with which … firms' subsequent performance. Japanese banks are prohibited from holding more than 5% of a firm's equity. This can be used …

prohibited from holding more than 5% of the business company's equity. When two or more banks consolidate, the post-merged bank …Using the Japanese bank merger dataset for the 2000s, this paper investigates whether the reduction of the ownership … ratio by the blockholder affects companies' operating performance and bank-firm relationships. In Japan, banks are …