Information asymmetry, monitoring, and the placement structure of corporate debt
We empirically examine the impact of flotation costs, agency conflicts, regulation, and
information asymmetries on a firm's mix between public and private debt. Results indicate …
information asymmetries on a firm's mix between public and private debt. Results indicate …
Deposits and relationship lending
We empirically examine whether access to deposits with inelastic rates (core deposits)
permits a bank to make contractual agreements with borrowers that are infeasible if the bank …
permits a bank to make contractual agreements with borrowers that are infeasible if the bank …
The effect of credit scoring on small-business lending
WS Frame, A Srinivasan, L Woosley - Journal of money, credit and banking, 2001 - JSTOR
This paper examines the effect of credit scoring on small-business lending for a sample of
large US banking organizations. We find that credit scoring is associated with an 8.4 percent …
large US banking organizations. We find that credit scoring is associated with an 8.4 percent …
Does market size structure affect competition? The case of small business lending
AN Berger, RJ Rosen, GF Udell - Journal of Banking & Finance, 2007 - Elsevier
Market size structure refers to the distribution of shares of different size classes of local
market participants, where the sizes are inclusive of assets both within and outside the local …
market participants, where the sizes are inclusive of assets both within and outside the local …
Transactions accounts and loan monitoring
We show that transactions accounts, by providing ongoing data on borrowers' activities, help
financial intermediaries monitor borrowers. This information is most readily available to …
financial intermediaries monitor borrowers. This information is most readily available to …
The determinants of financial structure: new insights from business start‐ups
N Huyghebaert… - European financial …, 2007 - Wiley Online Library
Business start‐ups lack prior history and reputation, face high failure risk, and have highly
concentrated ownership. The resulting information and incentive problems, combined with …
concentrated ownership. The resulting information and incentive problems, combined with …
The profit efficiency of small US commercial banks
This study investigates the profit efficiency (PROFEFF) of small banks (those under $500
million in total assets) for 1990–96. Assuming that small banks and large banks use the …
million in total assets) for 1990–96. Assuming that small banks and large banks use the …
Piercing through opacity: Relationships and credit card lending to consumers and small businesses during normal times and the COVID-19 crisis
We build a bridge between relationship lending and transactions lending—investigating
relationship effects on contract terms for credit cards, a relatively pure transactions-lending …
relationship effects on contract terms for credit cards, a relatively pure transactions-lending …
Do small banks have an advantage in lending? An examination of risk-adjusted yields on business loans at large and small banks
Consolidation in the banking industry has sparked concern about the survival of small
banks, particularly as it relates to the availability of credit to small businesses. However, if …
banks, particularly as it relates to the availability of credit to small businesses. However, if …
Online banking applications and community bank performance
RN Acharya, A Kagan, S Rao Lingam - International Journal of Bank …, 2008 - emerald.com
Purpose–The purpose of this paper is to examine the impact of online banking intensity on
the financial performance of community banks. Design/methodology/approach–This study …
the financial performance of community banks. Design/methodology/approach–This study …