Similar Search Results

Foreign ownership and market power in banking : evidence from a world sample

Delēs, Manthos D.; Kokas, Sotirios; Ongena, Steven - In: Journal of money, credit and banking : JMCB 48 (2016) 2/3, pp. 449-883

Persistent link: https://www.econbiz.de/10011516555

The impact of competition on bank orientation and specialization : the impact of competition on bank orientation

Degryse, Hans; Ongena, Steven - 2004

How do banks react to increased interbank competition? Recent banking theory offers conflicting predictions about the … impact of competition on bank orientation - i.e., the choice of relationship based versus transactional banking - and bank … industry specialization. We empirically investigate the impact of interbank competition on bank branch orientation and …

Persistent link: https://www.econbiz.de/10011402722

Inter-industry FDI spillovers from foreign banks : evidence in transition economies

Qi, Shusen; Hui, Kent; Ongena, Steven - 2020

Using a sample of non-financial domestic firms in transition economies from Eastern Europe and Central Asia, we examine whether and how inter-industry spillovers from FDI in the banking sector occur. Our findings show that the innovation pursued by domestic firms benefits from foreign bank...

Persistent link: https://www.econbiz.de/10012419447

Foreign Currency Borrowing by Small Firms

Brown, Martin; Ongena, Steven; Yesin, Pınar Ayşe Yeşin - Schweizerische Nationalbank (SNB) - 2009

We examine the firm- and country-level determinants of the currency denomination of small business loans. We first model the choice of loan currency in a framework which features a trade-off between lower cost of debt and the risk of firm-level distress costs, and also examines the impact of...

Persistent link: https://www.econbiz.de/10008925048

A Century of Firm – Bank Relationships: Did Banking Sector Deregulation Spur Firms to Add Banks and Borrow More?

Braggion, Fabio; Ongena, Steven - C.E.P.R. Discussion Papers - 2013

competition in the banking sector during the 1970s spurred banks to supply credit through multilateral arrangements. Firms that …

Persistent link: https://www.econbiz.de/10011084071

Information Asymmetry and Foreign Currency Borrowing by Small Firms

Brown, Martin; Ongena, Steven; Yesin, Pınar Ayşe Yeşin - Schweizerische Nationalbank (SNB) - 2012

We model the choice of loan currency in a framework which features a trade-off between lower cost of debt and the risk of firm-level distress costs. Under perfect information, if foreign currency funds come at a lower interest rate, all foreign currency earners as well as those local currency...

Persistent link: https://www.econbiz.de/10010895107

Foreign ownership and market power in banking: Evidence from a world sample

Delis, Manthos D.; Kokas, Sotirios; Ongena, Steven - University of Cyprus Department of Economics - 2014

Ownership and competition in the banking sector are policy concerns around the world that are rarely comprehensively …

Persistent link: https://www.econbiz.de/10010901494

Financial integration and entrepreneurial activity: evidence from foreign bank entry in emerging markets

Giannetti, Mariassunta; Ongena, Steven - 2005

An extensive empirical literature has documented the positive growth effects of equity market liberalization. However, this line of research ignores the impact of financial integration on a category of firms crucial for economic development, i.e. the small entrepreneurial firms. This paper aims...

Persistent link: https://www.econbiz.de/10011604544

“Lending by example”: Direct and indirect effects of foreign banks in emerging markets

Giannetti, Mariassunta; Ongena, Steven - In: Journal of International Economics 86 (2012) 1, pp. 167-180

Using a novel dataset that allows us to trace the bank relationships of a sample of mostly unlisted firms, we explore which borrowers are able to benefit from foreign bank presence in emerging markets. Our results suggest that the limits to financial integration are less tight than the static...

Persistent link: https://www.econbiz.de/10011056364

The Impact of Competition on Bank Orientation and Specialization (new titel: The impact of competition on bank orientation)

Degryse, Hans; Ongena, Steven - 2004

Persistent link: https://www.econbiz.de/10010315904