We examine the valuation impact of bank-financed M&As and the loan contracts used to finance M&A transactions, focusing … on the difference between bank-dependent acquirers and other acquirers. We find that bank-financed deals have higher … acquirer's CARs relative to other cash M&A deals, but this certification effect exists only for bank-dependent acquirers …

Using a sample of syndicated loans to private equity (PE)-backed IPO companies, we examine how a third-party bank … relationship influences the syndicate structure of a loan. We find that a stronger relationship between the lead bank and the … borrower's PE firm enables the lead bank to retain a smaller share of the loan and form a larger and less concentrated …

We expect that private firms choose a close relationship with a bank – often based on private information – in order to … save on direct or proprietary costs of disclosure. For a large sample of bank relationships in 12 European countries, we … find evidence that close bank relationships are associated with lower earnings quality as measured by higher absolute …

not group members, but nevertheless have strong ties to a main bank also invest and sell more than firms without strong … bank ties …

It is well recognized that relationship banking helps to relieve the credit constraints faced by SMEs to access bank … social capital factors, and the styleof the bank-borrowerrelationship. Along with bank, firm, and market factors, trust …