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Impact of the Emerging Financial Holding Company Model on Small Business Borrowers' Financial Welfare: Contemporary Evidence from Nigeria Based on the Monti‐Klein Approach

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  • Cosmas Ikechukwu Asogwa
  • Anthonia Uju Uzuagu
  • Godwin Keres Okoro Okereke
  • Hyginus Omeje
  • Samson Ige Abolarinwa
  • Roseline Nkemakolam Azubuike
  • Joseph Ndozianyichukwu Chukwuma

Abstract

This study exploits the adequacy of the Monti‐Klein model to analyse the banking firms' lending behaviour and uses the geometric lag analytic model to detect the lifespan of bank conglomeration impacts on small business financial welfare. We find that, although the impact of emerging conglomerate banks on lending to small businesses is significantly negative (δ = −0.6897; p

Suggested Citation

  • Cosmas Ikechukwu Asogwa & Anthonia Uju Uzuagu & Godwin Keres Okoro Okereke & Hyginus Omeje & Samson Ige Abolarinwa & Roseline Nkemakolam Azubuike & Joseph Ndozianyichukwu Chukwuma, 2018. "Impact of the Emerging Financial Holding Company Model on Small Business Borrowers' Financial Welfare: Contemporary Evidence from Nigeria Based on the Monti‐Klein Approach," African Development Review, African Development Bank, vol. 30(1), pages 56-70, March.
    • Handle: RePEc:bla:afrdev:v:30:y:2018:i:1:p:56-70
    DOI: 10.1111/1467-8268.12312
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    References listed on IDEAS

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