Loan Officer Authority and Small Business Lending: Evidence from a Survey (original) (raw)

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The Right to Decide and the Effective Control Over Small Business Lending Decisions: A Look into Loan Officers’ Real Authority Cover Page

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Asset restructuring strategies in bank acquisitions: Evidence from the Italian banking industry Cover Page

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An Evaluation of Credit Appraisal Techniques Adopted by Commercial Banks in Kenya in Lending to Small and Medium-Sized Enterprises Cover Page

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Asset restructuring strategies in bank acquisitions: Does distance between dealing partners matter? Cover Page

Competition and relationship lending: Friends or foes?

Journal of Financial Intermediation, 2011

Recent empirical findings by Elsas (2005) and Degryse and Ongena (2007) document a U-shaped effect of market concentration on relationship lending which cannot be easily accommodated by the investment and strategic theories of bank lending orientation. In this paper, we suggest that this non-monotonicity can be explained by looking at the organizational structure of local credit markets. We provide evidence that marginal increases in interbank competition are detrimental to relationship lending in markets where large ...

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Competition and relationship lending: Friends or foes? Cover Page

Financial Markets, Corporate Governance and Macroeconomic Outcomes

2010

Abstract Recent empirical findings by Elsas (2005) and Degryse and Ongena (2007) document a U-shaped effect of market concentration on relationship lending which cannot be easily accommodated by the investment and strategic theories of relationship lending. In this paper, we suggest that this non-monotonicity can be explained by looking at the organizational structure of local credit markets.

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Financial Markets, Corporate Governance and Macroeconomic Outcomes Cover Page

SME Financing and the Choice of Lending Technology in Italy: Complementarity or Substitutability?

This paper investigates SME financing in Italy. The literature distinguishes between two main different lending technologies (LTs) for SMEs: transactional and relationship LTs. We find that banks lend to SMEs by using both LTs together, independently of the size and proximity of borrowers. Moreover, we show that the use of soft information decreases the probability of firms being credit rationed. Finally, we find that more soft information is produced when the bank uses relationship LT as primary technology individually or coupled with transactional LT. Our results support the view that LTs can be complementary, but reject the hypothesis that substitutability among LTs is somehow possible for outsiders by means of hardening of soft information.

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SME Financing and the Choice of Lending Technology in Italy: Complementarity or Substitutability? Cover Page

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Bank Size or Distance: What Hampers Innovation Adoption by SMEs? Cover Page

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Can Mandatory Rotation Policy Distort Incentives? Evidence from Loan O fficer Rotation Cover Page

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Global Banking and Local Markets Cover Page