According to Kremp and Sevestre (2013), French firms did not suffer from credit restriction during the period 2004-2010. This study seeks to identify the benefits of bank-firm relationships when credit is unconstrained. By using a unique set of data collected from a French relationship bank...

The paper finds that the debt deficit and window of opportunities significantly affect firms' financing decisions in developing Asia. Firms tend to increase the probability of issuing pure debt rather than other financing sources if room to the optimal level of debt is still available. While an...