lower interest rates on bank loans of the same maturity than non-issuer firms, suggesting an improvement in their bargaining … power with banks. Issuer firms also reduce the amount of used bank credit, expand their total and fixed assets, and raise …

decline in loan maturity is bank driven. In line with this premise, we find that the slope of the loan yield curve becomes …

' higher cost of funding. But the effect is fully compensated if the relationship between the firm and the bank is long and …

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 …