Detail Institutions and bank behavior : legal environment, legal perception, and the composition of bank lending Bibliografi Author: Haselmann, Rainer ; Wachtel, Paul Topik: Law and ?nance; Bank lending; Loan portfolio; Collateral Bahasa: (EN )     Penerbit: The Ohio State University     Tempat Terbit: New York    Tahun Terbit: 2010     Jenis: Article - diterbitkan di jurnal ilmiah internasional Fulltext: Institutions and Bank Behavior.pdf (128.23KB; 1 download) Abstract This paper explores how the legal environment affects bank behavior in 20 transition economies. Based on a newly constructed data set we ?nd that banks’ loan portfolio composition depends on the legal environment. If banks operate in a well-functioning legal environment they lend relatively more to SMEs and provide more mortgages. On the other hand, banks lend more to large enterprises and to the government if the legal system is unsound. As a transmission channel we identify the banks’ willingness to accept collateral which depends on the bankers’ perceptions of the prevailing laws regarding collateral. Kajian editorial Article from : Journal of Money, Credit and Banking, Vol. 42, No. 5 (August 2010) Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Lihat Sejarah Pengadaan  Konversi Metadata   Kembali

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