The bank lending channel of unconventional monetary policy: The impact of the VLTROs on credit supply in Spain

M Garcia-Posada, M Marchetti - Economic Modelling, 2016‏ - Elsevier
We assess the impact on the credit supply to non-financial corporations of the two very long
term refinancing operations (VLTROs) conducted by the Eurosystem in December 2011 and …

What are the possible future research directions for bank's credit risk assessment research? A systematic review of literature

S Win - International Economics and Economic Policy, 2018‏ - Springer
Banking prudence and efficiency to manage their risks in different business cycle and
environment would help to alleviate crises and losses. Hence, the effective assessment of …

Financing constraints and SME innovation during economic crises

A Madrid-Guijarro, D García-Pérez-de-Lema… - Academia Revista …, 2016‏ - emerald.com
Purpose The purpose of this paper is to provide a better understanding of the determinants
of small and medium-sized enterprises (SME) financing constraints and their impacts on …

University and inter-firm R&D collaborations: propensity and intensity of cooperation in Europe

D Aristei, M Vecchi, F Venturini - The Journal of Technology Transfer, 2016‏ - Springer
This paper investigates the determinants of firms' decision to cooperate in R&D with
universities and the intensity of the cooperation effort, in relation to the engagement in inter …

Relationship lending and SMEs' funding costs over the cycle: why diversification of borrowing matters

M Beatriz, J Coffinet, T Nicolas - Journal of Banking & Finance, 2022‏ - Elsevier
Using a unique panel design that enables to control for bank, firm, market and loan
heterogeneities, we confirm that relationship lenders charge higher rates in good times and …

Culture and multiple firm–bank relationships: a matter of secrecy and trust?

F Pasiouras, E Bouri, D Roubaud, E Galariotis - Journal of Business Ethics, 2021‏ - Springer
This study examines the impact of trust and a national culture of secretiveness on the
number of bank relationships per firm. We hypothesize that the degree of openness of a firm …

Análisis de los obstáculos financieros de las pymes para la obtención de crédito y las variables que lo facilitan

J Vaca Estrada - 2012‏ - riunet.upv.es
El objetivo del presente trabajo es analizar la fuente de donde obtienen recursos las pymes
para su operación, se analizan las teorías de la literatura que hablan sobre la forma en que …

The determinants of firm–bank relationships in Italy: bank ownership type, diversification and multiple banking relationships

D Aristei, M Gallo - The European Journal of Finance, 2017‏ - Taylor & Francis
This paper investigates the main features of the relationships between banks and non-
financial firms in Italy. Based on detailed firm-level data, we analyse the role of firm-level …

Are there alternatives to bankruptcy? A study of small business distress in Spain

M García-Posada, JS Mora-Sanguinetti - SERIEs, 2014‏ - Springer
Small businesses, the majority of Spanish firms, rarely file for formal bankruptcy when
dealing with financial distress. This is why business bankruptcy rates in Spain are among …

Banking stability and borrower discouragement: a multilevel analysis for SMEs in the EU-28

A Mol-Gómez-Vázquez, G Hernández-Cánovas… - Small Business …, 2022‏ - Springer
The promotion of a more stable European banking system has become a priority which, not
doubt, will bring important benefits to firms. However, bank stability comes with stronger …