optimal decision making. Introducing a bank into the market increases total wealth due to the appearance of a portfolio effect …

This paper investigates whether the benefits of bank–borrower relationships differ depending on three factors … identified in the theoretical literature: verifiability of information, bank size and complexity, and bank competition. We extend … the benefits from stronger bank–borrower relationships in terms of credit availability are limited to smaller banks …

We empirically examine the impact of bank consolidation on bank acquisition of soft information about borrowers. Using …

This paper studies how a bank's diversification affects its own risk taking behavior and the risk taking of competing ….S. commercial banking sector indicate that a bank's risk taking is lower when its competitors have a more diversified branch network …, I further pin down a causal relationship between the diversification of competitors and a bank's risk taking behavior …

The paper augments the asymmetric information literature on bank lending to new ventures by focusing on the more … dramatic effects on access to bank finance as it both increases the risk aversion of the borrower as well as the usual affect …