Lead Bank of the concerned district by involving representatives of different categories of these industries and the …

We present new stylized facts on bank and firm leverage for 2000-2009 using extensive internationally comparable micro …-financial firm and commercial bank before the crisis, but the picture was quite different for large commercial banks in the United …) banks in emerging markets with tighter bank regulation and stronger investor protection experienced significantly less …

types – in particular Autonomy and Embeddedness – and the corporate debt choice of either bank or bond financing. We derive … show that firms in Autonomy cultures tend toward bank finance, whereas firms in Embeddedness cultures show a preference for …

We exploit variation in the timing of bank mergers and acquisitions (M&As) and adopt a difference- in …-differences approach to examine how bank consolidation affects financial policies of corporate borrowers. We find that firms increase … in bank loans. Consistent with the hedging motive for cash holdings à la Acharya et al. (2007), the increase in leverage …

question, I use firm-level data and firm-bank linkages to estimate the causal effect of an imported lending cut from a large … German bank on firms' capital structure and real outcomes. The estimates imply that for every 1 euro reduction in debt …

to other bank stakeholders. It therefore provides incentives for increases in balance sheet size and risk taking. This …