Detail Credit rationing and relationship lending. Does firm size matter? Bibliografi Author: Cenni, Stefano ; Monferra, Stefano ; Salotti, Valentina ; Sangiorgi, Marco ; Torluccio, Giuseppe Topik: Credit rationing; Relationship banking; SME; Firm financing; Probit sample selection models Bahasa: (EN )     Penerbit: Elsevier     Tempat Terbit: New York    Tahun Terbit: 2014     Jenis: Article - diterbitkan di jurnal ilmiah internasional Fulltext: Credit Rationing and Relationship Lending.pdf (726.08KB; 0 download) Abstract Using survey based data, we investigate factors influencing credit rationing within a bank-based financial system. We show that rationing depends on various dimensions of the firm-bank relationships and that the effects of relationship lending on rationing are not identical for different firm size groups. Multiple-banking increases the probability of rationing for small and large firms. Debt concentration with the main bank affects positively smaller firms, while the opposite is true for large companies. The length of the relationship with the main bank decreases the probability of rationing for both groups, but more so for large firms endowed with more bargaining power. Finally, the firm-bank spatial proximity, measured by the headquarters’ vicinity, does not affect the firm's access to credit. Kajian editorial Article from : Journal of Banking & Finance, Volume 53, April 2014 Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Lihat Sejarah Pengadaan  Konversi Metadata   Kembali

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