Long-lasting bank relationships and growth of firms
Author
Abstract
Suggested Citation
DOI: 10.1007/s11187-011-9406-8
Download full text from publisher
As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.
Other versions of this item:
- Alessandro Gambini & Alberto Zazzaro, 2010. "Long-Lasting Bank Relationships and Growth of Firms," CESifo Working Paper Series 3106, CESifo.
References listed on IDEAS
- Joe Peek & Eric S. Rosengren, 2005.
"Unnatural Selection: Perverse Incentives and the Misallocation of Credit in Japan,"
American Economic Review, American Economic Association, vol. 95(4), pages 1144-1166, September.
- Joe Peek & Eric S. Rosengren, 2003. "Unnatural Selection: Perverse Incentives and the Misallocation of Credit in Japan," NBER Working Papers 9643, National Bureau of Economic Research, Inc.
- Antje Brunner & Jan Pieter Krahnen, 2008.
"Multiple Lenders and Corporate Distress: Evidence on Debt Restructuring,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 75(2), pages 415-442.
- Krahnen, Jan-Pieter & Brunner, Antje, 2004. "Multiple Lenders and Corporate Distress: Evidence on Debt Restructuring," CEPR Discussion Papers 4287, C.E.P.R. Discussion Papers.
- Brunner, Antje & Krahnen, Jan Pieter, 2006. "Multiple lenders and corporate distress: Evidence on debt restructuring," CFS Working Paper Series 2001/04, Center for Financial Studies (CFS).
- D.B. Audretsch & L. Klomp & E. Santarelli & A.R. Thurik, 2004.
"Gibrat's Law: Are the Services Different?,"
Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 24(3), pages 301-324, May.
- Roy Thurik & Enrico Santarelli & David Audretsch & Luuk Klomp, 2002. "Gibrat's Law: Are the Services Different?," Scales Research Reports H200201, EIM Business and Policy Research.
- Audretsch, D.B. & Klomp, L. & Thurik, A.R., 2002. "Gibrat's Law: are the services different?," ERIM Report Series Research in Management ERS-2002-04-STR, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam.
- Jappelli, Tullio & Pagano, Marco & Bianco, Magda, 2005.
"Courts and Banks: Effects of Judicial Enforcement on Credit Markets,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 37(2), pages 223-244, April.
- Magda Bianco & Tullio Jappelli & Marco Pagano, 2001. "Courts and Banks: Effects of Judicial Enforcement on Credit Markets," CSEF Working Papers 58, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy, revised 09 Apr 2002.
- Pagano, Marco & Jappelli, Tullio & Bianco, Magda, 2002. "Courts and Banks: Effects of Judicial Enforcement on Credit Markets," CEPR Discussion Papers 3347, C.E.P.R. Discussion Papers.
- Presbitero, Andrea F. & Zazzaro, Alberto, 2011.
"Competition and relationship lending: Friends or foes?,"
Journal of Financial Intermediation, Elsevier, vol. 20(3), pages 387-413, July.
- Andrea Filippo Presbitero & Alberto Zazzaro, 2009. "Competition and Relationship Lending: Friends or Foes?," Mo.Fi.R. Working Papers 13, Money and Finance Research group (Mo.Fi.R.) - Univ. Politecnica Marche - Dept. Economic and Social Sciences.
- Andrea F. Presbitero & Alberto Zazzaro, 2010. "Competition and Relationship Lending: Friends or Foes?," CESifo Working Paper Series 3103, CESifo.
- Myers, Stewart C. & Majluf, Nicholas S., 1984.
"Corporate financing and investment decisions when firms have information that investors do not have,"
Journal of Financial Economics, Elsevier, vol. 13(2), pages 187-221, June.
- Myers, Stewart C. & Majluf, Nicolás S., 1984. "Corporate financing and investment decisions when firms have information that investors do not have," Working papers 1523-84., Massachusetts Institute of Technology (MIT), Sloan School of Management.
- Stewart C. Myers & Nicholas S. Majluf, 1984. "Corporate Financing and Investment Decisions When Firms Have InformationThat Investors Do Not Have," NBER Working Papers 1396, National Bureau of Economic Research, Inc.
- Ongena, Steven & Smith, David C., 2000. "What Determines the Number of Bank Relationships? Cross-Country Evidence," Journal of Financial Intermediation, Elsevier, vol. 9(1), pages 26-56, January.
- Takeo Hoshi & Anil K. Kashyap & David Scharfstein, 1990. "The role of banks in reducing financial distress in Japan," Finance and Economics Discussion Series 134, Board of Governors of the Federal Reserve System (U.S.).
- Dunne, Paul & Hughes, Alan, 1994. "Age, Size, Growth and Survival: UK Companies in the 1980s," Journal of Industrial Economics, Wiley Blackwell, vol. 42(2), pages 115-140, June.
- Gabriel Jiménez & Jose A. Lopez & Jesus Saurina, 2009.
"Empirical Analysis of Corporate Credit Lines,"
The Review of Financial Studies, Society for Financial Studies, vol. 22(12), pages 5069-5098, December.
- Gabriel Jimenez & Jose A. Lopez & Jesus Saurina, 2007. "Empirical analysis of corporate credit lines," Working Paper Series 2007-14, Federal Reserve Bank of San Francisco.
- Gabriel Jiménez & José A. López & Jesús Saurina, 2008. "Empirical analysis of corporate credit lines," Working Papers 0821, Banco de España.
- Andrew B. Bernard & Stephen J. Redding & Peter K. Schott, 2009.
"Products and Productivity,"
Scandinavian Journal of Economics, Wiley Blackwell, vol. 111(4), pages 681-709, December.
- Bernard, Andrew & Redding, Stephen & Schott, Peter, 2005. "Products and Productivity," CEPR Discussion Papers 5126, C.E.P.R. Discussion Papers.
- Peter K. Schott & Andrew B. Bernard & Stephen J. Redding, 2005. "Products and Productivity," NBER Working Papers 11575, National Bureau of Economic Research, Inc.
- Andrew Bernard & Stephen Redding & Peter Schott, 2008. "Products and Productivity," Working Papers 08-22, Center for Economic Studies, U.S. Census Bureau.
- Andrew B. Bernard & Stephen Redding & Peter K. Schott, 2005. "Products and Productivity," CEP Discussion Papers dp0699, Centre for Economic Performance, LSE.
- Bernard, Andrew B. & Redding, Stephen & Schott, Peter K., 2005. "Products and productivity," LSE Research Online Documents on Economics 3692, London School of Economics and Political Science, LSE Library.
- Luigi Guiso & Paola Sapienza & Luigi Zingales, 2004.
"The Role of Social Capital in Financial Development,"
American Economic Review, American Economic Association, vol. 94(3), pages 526-556, June.
- Luigi Guiso & Paola Sapienza & Luigi Zingales, 2000. "The Role of Social Capital in Financial Development," NBER Working Papers 7563, National Bureau of Economic Research, Inc.
- Luigi Guiso & Paola Sapienza & Luigi Zingales, 2000. "The Role of Social Capital in Financial Development," CRSP working papers 511, Center for Research in Security Prices, Graduate School of Business, University of Chicago.
- Guiso, Luigi & Zingales, Luigi & Sapienza, Paola, 2000. "The Role of Social Capital In Financial Development," CEPR Discussion Papers 2383, C.E.P.R. Discussion Papers.
- Robert E. Carpenter & Bruce C. Petersen, 2002. "Is The Growth Of Small Firms Constrained By Internal Finance?," The Review of Economics and Statistics, MIT Press, vol. 84(2), pages 298-309, May.
- Chirinko, Robert S. & Elston, Julie Ann, 2006.
"Finance, control and profitability: the influence of German banks,"
Journal of Economic Behavior & Organization, Elsevier, vol. 59(1), pages 69-88, January.
- Robert S. Chirinko & Julie Ann Elston, 2003. "Finance, Control, and Profitability: The Influence of German Banks," CESifo Working Paper Series 1073, CESifo.
- Robert S. Chirinko & Julie Ann Elston, 2004. "Finance, Control, And Profitability: The Influence Of German Banks," Papers on Entrepreneurship, Growth and Public Policy 2004-26, Max Planck Institute of Economics, Entrepreneurship, Growth and Public Policy Group.
- Herrera, Ana María & Minetti, Raoul, 2007. "Informed finance and technological change: Evidence from credit relationships," Journal of Financial Economics, Elsevier, vol. 83(1), pages 223-269, January.
- Sharpe, Steven A, 1990.
"Asymmetric Information, Bank Lending, and Implicit Contracts: A Stylized Model of Customer Relationships,"
Journal of Finance, American Finance Association, vol. 45(4), pages 1069-1087, September.
- Steven A. Sharpe, 1989. "Asymmetric information, bank lending, and implicit contracts: a stylized model of customer relationships," Finance and Economics Discussion Series 70, Board of Governors of the Federal Reserve System (U.S.).
- Donald W.K. Andrews & James H. Stock, 2005.
"Inference with Weak Instruments,"
Cowles Foundation Discussion Papers
1530, Cowles Foundation for Research in Economics, Yale University.
- Donald W.K. Andrews & James H. Stock, 2005. "Inference with Weak Instruments," NBER Technical Working Papers 0313, National Bureau of Economic Research, Inc.
- Benfratello, Luigi & Schiantarelli, Fabio & Sembenelli, Alessandro, 2008.
"Banks and innovation: Microeconometric evidence on Italian firms,"
Journal of Financial Economics, Elsevier, vol. 90(2), pages 197-217, November.
- Luigi Benfratello & Fabio Schiantarelli & Alessandro Sembenelli, 2005. "Banks and Innovation: Microeconometric Evidence on Italian Firms," Boston College Working Papers in Economics 631, Boston College Department of Economics, revised 13 Jun 2007.
- Benfratello, Luigi & Schiantarelli, Fabio & Sembenelli, Alessandro, 2006. "Banks and Innovation: Microeconometric Evidence on Italian Firms," IZA Discussion Papers 2032, Institute of Labor Economics (IZA).
- Giorgio Fagiolo & Alessandra Luzzi, 2006.
"Do liquidity constraints matter in explaining firm size and growth? Some evidence from the Italian manufacturing industry,"
Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 15(1), pages 1-39, February.
- Giorgio Fagiolo & Alessandra Luzzi, 2004. "Do Liquidity Constraints Matter in Explaining Firm Size and Growth? Some Evidence from the Italian Manufacturing Industry," LEM Papers Series 2004/08, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
- Ongena, Steven & Smith, David C., 2001. "The duration of bank relationships," Journal of Financial Economics, Elsevier, vol. 61(3), pages 449-475, September.
- Pietro Alessandrini & Andrea F. Presbitero & Alberto Zazzaro, 2010.
"Bank size or distance: what hampers innovation adoption by SMEs?,"
Journal of Economic Geography, Oxford University Press, vol. 10(6), pages 845-881, November.
- Pietro ALESSANDRINI & Andrea PRESBITERO & Alberto ZAZZARO, 2007. "Bank Size or Distance: What Hampers Innovation Adoption by SMEs ?," Working Papers 304, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
- Pietro Alessandrini & Andrea Filippo Presbitero & Alberto Zazzaro, 2008. "Bank Size or Distance: What Hampers Innovation Adoption by SMEs?," Mo.Fi.R. Working Papers 2, Money and Finance Research group (Mo.Fi.R.) - Univ. Politecnica Marche - Dept. Economic and Social Sciences.
- Hans Degryse & Steven Ongena, 2001.
"Bank Relationships and Firm Profitability,"
Financial Management, Financial Management Association, vol. 30(1), Spring.
- Degryse, H.A. & Ongena, S., 2000. "Bank Relationship and Firm Profitability," Other publications TiSEM 30c809d0-5953-4269-94d5-0, Tilburg University, School of Economics and Management.
- Degryse, H.A. & Ongena, S., 2000. "Bank Relationship and Firm Profitability," Discussion Paper 2000-14, Tilburg University, Center for Economic Research.
- Degryse, Hans & Van Cayseele, Patrick, 2000.
"Relationship Lending within a Bank-Based System: Evidence from European Small Business Data,"
Journal of Financial Intermediation, Elsevier, vol. 9(1), pages 90-109, January.
- Hans Degryse & Partick Van cayseele, 1998. "Relationship Lending within a Bank-based System: Evidence from European Small Business Data," Working Papers of Department of Economics, Leuven ces9816, KU Leuven, Faculty of Economics and Business (FEB), Department of Economics, Leuven.
- John C. Chao & Norman R. Swanson, 2005.
"Consistent Estimation with a Large Number of Weak Instruments,"
Econometrica, Econometric Society, vol. 73(5), pages 1673-1692, September.
- Chao, John Chao & Norman R. Swanson, 2003. "Consistent Estimation with a Large Number of Weak Instruments," Cowles Foundation Discussion Papers 1417, Cowles Foundation for Research in Economics, Yale University.
- John Chao & Norman Swanson, 2004. "Consistent Estimation with a Large Number of Weak Instruments," Departmental Working Papers 200421, Rutgers University, Department of Economics.
- John C. Chao & Norman Rasmus Swanson, 2004. "Consistent Estimation with a Large Number of Weak Instruments," Yale School of Management Working Papers ysm374, Yale School of Management.
- AfDB AfDB, . "AfDB Group Annual Report in Brief 2009," Annual Report, African Development Bank, number 65 edited by Koua Louis Kouakou.
- Raghuram Rajan & Henri Servaes & Luigi Zingales, 2000.
"The Cost of Diversity: The Diversification Discount and Inefficient Investment,"
Journal of Finance, American Finance Association, vol. 55(1), pages 35-80, February.
- Raghuram Rajan & Henry Servaes & Luigi Zingales, "undated". "The Cost of Diversity: The Diversification Discount and Inefficient Investment," CRSP working papers 463, Center for Research in Security Prices, Graduate School of Business, University of Chicago.
- Raghuram Rajan & Henri Servaes & Luigi Zingales, "undated". "The Cost of Diversity: The Diversification Discount and Inefficient Investment," CRSP working papers 357, Center for Research in Security Prices, Graduate School of Business, University of Chicago.
- Raghuram Rajan & Henri Servaes & Luigi Zingales, 1998. "The Cost of Diversity: The Diversification Discount and Inefficient Investment," NBER Working Papers 6368, National Bureau of Economic Research, Inc.
- Rajan, Raghuram G & Servaes, Henri & Zingales, Luigi, 1998. "The Cost of Diversity: The Diversification Discount and Inefficient Investment," CEPR Discussion Papers 1801, C.E.P.R. Discussion Papers.
- Harhoff, Dietmar & Korting, Timm, 1998. "Lending relationships in Germany - Empirical evidence from survey data," Journal of Banking & Finance, Elsevier, vol. 22(10-11), pages 1317-1353, October.
- Dietmar Harhoff & Konrad Stahl & Michaerl Woywode, 1998.
"Legal Form, Growth and Exit of West German Firms—Empirical Results for Manufacturing, Construction, Trade and Service Industries,"
Journal of Industrial Economics, Wiley Blackwell, vol. 46(4), pages 453-488, December.
- Harhoff, Dietmar & Stahl, Konrad & Woywode, Michael, 1996. "Legal Form, Growth and Exit of West German Firms - Empirical Results for Manufacturing, Construction, Trade and Service Industries," CEPR Discussion Papers 1401, C.E.P.R. Discussion Papers.
- M. Dewatripont & E. Maskin, 1995.
"Credit and Efficiency in Centralized and Decentralized Economies,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 62(4), pages 541-555.
- Mathias Dewatripont & Eric Maskin, 1995. "Credit and efficiency in centralized and decentralized economies," ULB Institutional Repository 2013/9603, ULB -- Universite Libre de Bruxelles.
- Mathias Dewatripont & Eric Maskin, 2004. "Credit and efficiency in centralized and decentralized economies," ULB Institutional Repository 2013/9605, ULB -- Universite Libre de Bruxelles.
- Blandina Oliveira & Adelino Fortunato, 2006.
"Firm Growth and Liquidity Constraints: A Dynamic Analysis,"
Small Business Economics, Springer, vol. 27(2), pages 139-156, October.
- Blandina Oliveira & Adelino Fortunato, 2005. "Firm Growth and Liquidity Constraints: A Dynamic Analysis," GEMF Working Papers 2005-07, GEMF, Faculty of Economics, University of Coimbra.
- Arnoud W. A. Boot & Anjan V. Thakor, 2000.
"Can Relationship Banking Survive Competition?,"
Journal of Finance, American Finance Association, vol. 55(2), pages 679-713, April.
- Boot, Arnoud W A & Thakor, Anjan, 1997. "Can Relationship Banking Survive Competition?," CEPR Discussion Papers 1592, C.E.P.R. Discussion Papers.
- Stephen Hymer & Peter Pashigian, 1962. "Firm Size and Rate of Growth," Journal of Political Economy, University of Chicago Press, vol. 70(6), pages 556-556.
- Chakraborty, Atreya & Hu, Charles X., 2006. "Lending relationships in line-of-credit and nonline-of-credit loans: Evidence from collateral use in small business," Journal of Financial Intermediation, Elsevier, vol. 15(1), pages 86-107, January.
- Yishay Yafeh & Oved Yosha, 2003. "Large Shareholders and Banks: Who Monitors and How?," Economic Journal, Royal Economic Society, vol. 113(484), pages 128-146, January.
- Foglia, A. & Laviola, S. & Marullo Reedtz, P., 1998. "Multiple banking relationships and the fragility of corporate borrowers," Journal of Banking & Finance, Elsevier, vol. 22(10-11), pages 1441-1456, October.
- Barone, Guglielmo & Felici, Roberto & Pagnini, Marcello, 2011.
"Switching costs in local credit markets,"
International Journal of Industrial Organization, Elsevier, vol. 29(6), pages 694-704.
- Guglielmo Barone & Roberto Felici & Marcello Pagnini, 2010. "Switching costs in local credit markets," Temi di discussione (Economic working papers) 760, Bank of Italy, Economic Research and International Relations Area.
- Heckman, James, 2013.
"Sample selection bias as a specification error,"
Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 31(3), pages 129-137.
- Heckman, James J, 1979. "Sample Selection Bias as a Specification Error," Econometrica, Econometric Society, vol. 47(1), pages 153-161, January.
- Hall, Bronwyn H, 1987.
"The Relationship between Firm Size and Firm Growth in the U.S. Manufacturing Sector,"
Journal of Industrial Economics, Wiley Blackwell, vol. 35(4), pages 583-606, June.
- Bronwyn H. Hall, 1986. "The Relationship Between Firm Size and Firm Growth in the U.S. Manufacturing Sector," NBER Working Papers 1965, National Bureau of Economic Research, Inc.
- Evans, David S, 1987.
"Tests of Alternative Theories of Firm Growth,"
Journal of Political Economy, University of Chicago Press, vol. 95(4), pages 657-674, August.
- Evans, David S., 1986. "Tests of Alternative Theories of Firm Growth," Working Papers 86-36, C.V. Starr Center for Applied Economics, New York University.
- Jensen, Michael C. & Meckling, William H., 1976. "Theory of the firm: Managerial behavior, agency costs and ownership structure," Journal of Financial Economics, Elsevier, vol. 3(4), pages 305-360, October.
- Andrews,Donald W. K. & Stock,James H. (ed.), 2005. "Identification and Inference for Econometric Models," Cambridge Books, Cambridge University Press, number 9780521844413, January.
- Longhofer, Stanley D. & Santos, Joao A. C., 2000.
"The Importance of Bank Seniority for Relationship Lending,"
Journal of Financial Intermediation, Elsevier, vol. 9(1), pages 57-89, January.
- João A. C. Santos & Stanley D. Longhofer, 1998. "The importance of bank seniority for relationship lending," BIS Working Papers 58, Bank for International Settlements.
- Stanley D. Longhofer & João A. C. Santos, 1999. "The importance of bank seniority for relationship lending," Proceedings 620, Federal Reserve Bank of Chicago.
- Stanley D. Longhofer & João A. C. Santos, 1998. "The importance of bank seniority for relationship lending," Working Papers (Old Series) 9808, Federal Reserve Bank of Cleveland.
- Miarka, Tobias, 1999. "The recent economic role of bank-firm relationships in Japan," Discussion Papers, Research Unit: Market Dynamics FS IV 99-36, WZB Berlin Social Science Center.
- Bharath, Sreedhar & Dahiya, Sandeep & Saunders, Anthony & Srinivasan, Anand, 2007. "So what do I get? The bank's view of lending relationships," Journal of Financial Economics, Elsevier, vol. 85(2), pages 368-419, August.
- Timothy Dunne & Mark J. Roberts & Larry Samuelson, 1989.
"The Growth and Failure of U. S. Manufacturing Plants,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 104(4), pages 671-698.
- Dunne, T. & Roberts, M.J. & Samuelson, L., 1988. "The Growth And Failure Of U.S. Manufacturing Plants," Papers 1-87-5, Pennsylvania State - Department of Economics.
- Yuji Honjo & Nobuyuki Harada, 2006. "SME Policy, Financial Structure and Firm Growth: Evidence From Japan," Small Business Economics, Springer, vol. 27(4), pages 289-300, December.
- Berger, Allen N & Udell, Gregory F, 1995. "Relationship Lending and Lines of Credit in Small Firm Finance," The Journal of Business, University of Chicago Press, vol. 68(3), pages 351-381, July.
- Luís Cabral, 2007. "Small firms in Portugal: a selective survey of stylized facts, economic analysis, and policy implications," Portuguese Economic Journal, Springer;Instituto Superior de Economia e Gestao, vol. 6(1), pages 65-88, April.
- Mitchell A. Petersen & Raghuram G. Rajan, 1995.
"The Effect of Credit Market Competition on Lending Relationships,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 110(2), pages 407-443.
- Mitchell A. Petersen & Raghuram G. Rajan, 1994. "The Effect of Credit Market Competition on Lending Relationships," NBER Working Papers 4921, National Bureau of Economic Research, Inc.
- AfDB AfDB, . "AfDB Group Annual Report 2009," Annual Report, African Development Bank, number 66 edited by Koua Louis Kouakou.
- David B. Audretsch, 1995. "Innovation and Industry Evolution," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262011468, December.
- Ogawa, Kazuo & Sterken, Elmer & Tokutsu, Ichiro, 2007. "Why do Japanese firms prefer multiple bank relationship? Some evidence from firm-level data," Economic Systems, Elsevier, vol. 31(1), pages 49-70, March.
- Kumar, M S, 1985. "Growth, Acquisition Activity and Firm Size: Evidence from the United Kingdom," Journal of Industrial Economics, Wiley Blackwell, vol. 33(3), pages 327-338, March.
- Kawai, Masahiro & Hashimoto, Juro & Izumida, Shigemi, 1996. "Japanese firms in financial distress and main banks: Analyses of interest-rate premia," Japan and the World Economy, Elsevier, vol. 8(2), pages 175-194, June.
- Arito Ono & Iichiro Uesugi, 2005. "The Role of Collateral and Personal Guarantees in Relationship Lending: Evidence from Japan's Small Business Loan Market," Discussion papers 05027, Research Institute of Economy, Trade and Industry (RIETI).
- P. A. Geroski, 2005. "Understanding the implications of empirical work on corporate growth rates," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 26(2), pages 129-138.
- Stulz, ReneM., 1990. "Managerial discretion and optimal financing policies," Journal of Financial Economics, Elsevier, vol. 26(1), pages 3-27, July.
- Luigi Guiso & Paola Sapienza & Luigi Zingales, 2009.
"Does Local Financial Development Matter?,"
Springer Books, in: Damiano Bruno Silipo (ed.), The Banks and the Italian Economy, chapter 0, pages 31-66,
Springer.
- Luigi Guiso & Paola Sapienza & Luigi Zingales, 2004. "Does Local Financial Development Matter?," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 119(3), pages 929-969.
- Luigi Guiso & Paola Sapienza & Luigi Zingales, 2002. "Does Local Financial Development Matter?," NBER Working Papers 8923, National Bureau of Economic Research, Inc.
- Guiso, Luigi & Zingales, Luigi & Sapienza, Paola, 2002. "Does Local Financial Development Matter?," CEPR Discussion Papers 3307, C.E.P.R. Discussion Papers.
- Marcelo J. Moreira, 2003. "A Conditional Likelihood Ratio Test for Structural Models," Econometrica, Econometric Society, vol. 71(4), pages 1027-1048, July.
- Robert C.W. Fok & Yuan-Chen Chang & Wen-Tuz Lee, 2004. "Bank Relationships and Their Effects on Firm Performance Around the Asian Financial Crisis: Evidence from Taiwan," Financial Management, Financial Management Association, vol. 33(2), Summer.
- repec:bla:jfinan:v:53:y:1998:i:2:p:635-672 is not listed on IDEAS
- Pietro Alessandrini & Andrea F. Presbitero & Alberto Zazzaro, 2009. "Banks, Distances and Firms' Financing Constraints," Review of Finance, European Finance Association, vol. 13(2), pages 261-307.
- Cole, Rebel A., 1998. "The importance of relationships to the availability of credit," Journal of Banking & Finance, Elsevier, vol. 22(6-8), pages 959-977, August.
- Anna Mikusheva & Brian P. Poi, 2006. "Tests and confidence sets with correct size when instruments are potentially weak," Stata Journal, StataCorp LP, vol. 6(3), pages 335-347, September.
- Shin, G. Hwan & Kolari, James W., 2004. "Do some lenders have information advantages? Evidence from Japanese credit market data," Journal of Banking & Finance, Elsevier, vol. 28(10), pages 2331-2351, October.
- Opler, Tim C & Titman, Sheridan, 1994. "Financial Distress and Corporate Performance," Journal of Finance, American Finance Association, vol. 49(3), pages 1015-1040, July.
- Stephen A. Ross, 1977. "The Determination of Financial Structure: The Incentive-Signalling Approach," Bell Journal of Economics, The RAND Corporation, vol. 8(1), pages 23-40, Spring.
- Francesca Lotti & Enrico Santarelli & Marco Vivarelli, 2003. "Does Gibrat's Law hold among young, small firms?," Journal of Evolutionary Economics, Springer, vol. 13(3), pages 213-235, August.
- Andrea Bonaccorsi & Silvia Giannangeli, 2005. "Why New Firms Never Get Large? Evidence on Post-Entry Growth of Italian New Firms," Rivista di Politica Economica, SIPI Spa, vol. 95(1), pages 137-180, January-F.
- Sakai, Koji & Uesugi, Iichiro & Watanabe, Tsutomu, 2010.
"Firm age and the evolution of borrowing costs: Evidence from Japanese small firms,"
Journal of Banking & Finance, Elsevier, vol. 34(8), pages 1970-1981, August.
- Koji Sakai & Iichiro Uesugi & Tsutomu Watanabe, 2005. "Firm Age and the Evolution of Borrowing Costs: Evidence from Japanese Small Firms," Discussion papers 05026, Research Institute of Economy, Trade and Industry (RIETI).
- Sakai, Koji & 坂井, 功治 & サカイ, コウジ & Uesugi, Iichiro & 植杉, 威一郎 & ウエスギ, イイチロウ & Watanabe, Tsutomu & 渡辺, 努, 2008. "Firm Age and the Evolution of Borrowing Costs: Evidence from Japanese Small Firms," PIE/CIS Discussion Paper 354, Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University.
- Elsas, Ralf, 2005. "Empirical determinants of relationship lending," Journal of Financial Intermediation, Elsevier, vol. 14(1), pages 32-57, January.
- Lang, Larry & Ofek, Eli & Stulz, Rene M., 1996.
"Leverage, investment, and firm growth,"
Journal of Financial Economics, Elsevier, vol. 40(1), pages 3-29, January.
- Larry Lang & Eli Ofek & Rene M. Stulz, 1995. "Leverage, Investment, and Firm Growth," NBER Working Papers 5165, National Bureau of Economic Research, Inc.
- Alberto Franco Pozzolo, 2004.
"The role of guarantees in bank lending,"
Temi di discussione (Economic working papers)
528, Bank of Italy, Economic Research and International Relations Area.
- Pozzolo, Alberto Franco, 2004. "The Role of Guarantees in Bank Lending," Economics & Statistics Discussion Papers esdp04021, University of Molise, Department of Economics.
- Variyam, Jayachandran N. & Kraybill, David S., 1992. "Empirical evidence on determinants of firm growth," Economics Letters, Elsevier, vol. 38(1), pages 31-36, January.
- Jovanovic, Boyan, 1982. "Selection and the Evolution of Industry," Econometrica, Econometric Society, vol. 50(3), pages 649-670, May.
- Agarwal, Rajshree & Ann Elston, Julie, 2001. "Bank-firm relationships, financing and firm performance in Germany," Economics Letters, Elsevier, vol. 72(2), pages 225-232, August.
- Esteban Rossi-Hansberg & Mark L. J. Wright, 2007.
"Establishment Size Dynamics in the Aggregate Economy,"
American Economic Review, American Economic Association, vol. 97(5), pages 1639-1666, December.
- Esteban Rossi-Hansberg & Mark L. J. Wright, 2006. "Establishment size dynamics in the aggregate economy," Staff Report 382, Federal Reserve Bank of Minneapolis.
- Annamaria Nese & Niall O’Higgins, 2007. "Attrition bias in the Capitalia panel," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 54(3), pages 383-403, September.
- Judit Montoriol, 2006. "The Efect of Relationship Lending on Firm Performance," Working Papers 200605, Departament Empresa, Universitat Autònoma de Barcelona.
- Michael P. Murray, 2006. "Avoiding Invalid Instruments and Coping with Weak Instruments," Journal of Economic Perspectives, American Economic Association, vol. 20(4), pages 111-132, Fall.
- AfDB AfDB, . "AfDB Group Annual Report 2009 (Arabic)," Annual Report, African Development Bank, number 68 edited by Koua Louis Kouakou.
- Becchetti, Leonardo & Trovato, Giovanni, 2002. "The Determinants of Growth for Small and Medium Sized Firms: The Role of the Availability of External Finance," Small Business Economics, Springer, vol. 19(4), pages 291-306, December.
- Dell'Ariccia, Giovanni & Marquez, Robert, 2004. "Information and bank credit allocation," Journal of Financial Economics, Elsevier, vol. 72(1), pages 185-214, April.
- repec:bla:jindec:v:46:y:1998:i:4:p:453-88 is not listed on IDEAS
- Angelini, P. & Di Salvo, R. & Ferri, G., 1998. "Availability and cost of credit for small businesses: Customer relationships and credit cooperatives," Journal of Banking & Finance, Elsevier, vol. 22(6-8), pages 925-954, August.
- Boot, Arnoud W. A., 2000. "Relationship Banking: What Do We Know?," Journal of Financial Intermediation, Elsevier, vol. 9(1), pages 7-25, January.
- Vasso Ioannidou & Steven Ongena, 2010. "“Time for a Change”: Loan Conditions and Bank Behavior when Firms Switch Banks," Journal of Finance, American Finance Association, vol. 65(5), pages 1847-1877, October.
- Petersen, Mitchell A & Rajan, Raghuram G, 1994. "The Benefits of Lending Relationships: Evidence from Small Business Data," Journal of Finance, American Finance Association, vol. 49(1), pages 3-37, March.
- Houston, Joel F & James, Christopher M, 2001. "Do Relationships Have Limits? Banking Relationships, Financial Constraints, and Investment," The Journal of Business, University of Chicago Press, vol. 74(3), pages 347-374, July.
- Rajan, Raghuram G, 1992. "Insiders and Outsiders: The Choice between Informed and Arm's-Length Debt," Journal of Finance, American Finance Association, vol. 47(4), pages 1367-1400, September.
- Robert Hauswald & Robert Marquez, 2006. "Competition and Strategic Information Acquisition in Credit Markets," The Review of Financial Studies, Society for Financial Studies, vol. 19(3), pages 967-1000.
- Oliver E. Williamson, 1976. "Franchise Bidding for Natural Monopolies -- in General and with Respect to CATV," Bell Journal of Economics, The RAND Corporation, vol. 7(1), pages 73-104, Spring.
- Gong, Shang-Chi & Lee, Tsong-Pei & Chen, Yea-Mow, 2004. "Crisis transmission: Some evidence from the Asian financial crisis," International Review of Financial Analysis, Elsevier, vol. 13(4), pages 463-478.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Tlili, Rim, 2012. "Comment justifier la multibancarité au sein des PME ?," Economics Thesis from University Paris Dauphine, Paris Dauphine University, number 123456789/10919 edited by Etner, François.
- Djedidi-Kooli, Salima, 2009. "L’accès au financement des PME en France : quel rôle joué par la structure du système bancaire ?," Economics Thesis from University Paris Dauphine, Paris Dauphine University, number 123456789/8354 edited by Etner, François.
- Tumer-Alkan, G., 2008. "Essays on banking," Other publications TiSEM 8d5ec521-4702-4e75-bc79-a, Tilburg University, School of Economics and Management.
- Ferri, Giovanni & Murro, Pierluigi, 2015.
"Do firm–bank ‘odd couples’ exacerbate credit rationing?,"
Journal of Financial Intermediation, Elsevier, vol. 24(2), pages 231-251.
- Giovanni Ferri & Pierluigi Murro & Zeno Rotondi, 2010. "Do Firm-Bank `Odd Couples' Exacerbate Credit Rationing?," SERIES 0031, Dipartimento di Economia e Finanza - Università degli Studi di Bari "Aldo Moro", revised Jul 2010.
- Giovanni Ferri & Pierluigi Murro, 2012. "Do Firm-Bank ``Odd Couples'' Exacerbate Credit Rationing?," Working Papers CASMEF 1207, Dipartimento di Economia e Finanza, LUISS Guido Carli.
- Ferrando, Annalisa & Martinez-Carrascal, Carmen & Coluzzi, Chiara, 2009.
"Financing obstacles and growth: an analysis for euro area non-financial corporations,"
Working Paper Series
997, European Central Bank.
- Chiara Coluzzi & Annalisa Ferrando & Carmen Martínez-Carrascal, 2009. "Financing obstacles and growth: An analysis for euro area non-financial corporations," Working Papers 0836, Banco de España.
- Hans Degryse & Steven Ongena, 2002.
"Bank-Firm Relationships and International Banking Markets,"
International Journal of the Economics of Business, Taylor & Francis Journals, vol. 9(3), pages 401-417.
- Degryse, H.A. & Ongena, S., 2002. "Bank-firm relationships and international banking markets," Other publications TiSEM fbb391d2-a9f9-4b49-a0f5-1, Tilburg University, School of Economics and Management.
- Mariarosaria Agostino & Francesco Trivieri, 2017. "Collateral in lending relationships. A study on European SMEs microdata," International Review of Applied Economics, Taylor & Francis Journals, vol. 31(3), pages 339-356, May.
- Presbitero, Andrea F. & Zazzaro, Alberto, 2011.
"Competition and relationship lending: Friends or foes?,"
Journal of Financial Intermediation, Elsevier, vol. 20(3), pages 387-413, July.
- Andrea Filippo Presbitero & Alberto Zazzaro, 2009. "Competition and Relationship Lending: Friends or Foes?," Mo.Fi.R. Working Papers 13, Money and Finance Research group (Mo.Fi.R.) - Univ. Politecnica Marche - Dept. Economic and Social Sciences.
- Andrea F. Presbitero & Alberto Zazzaro, 2010. "Competition and Relationship Lending: Friends or Foes?," CESifo Working Paper Series 3103, CESifo.
- Cenni, Stefano & Monferrà, Stefano & Salotti, Valentina & Sangiorgi, Marco & Torluccio, Giuseppe, 2015. "Credit rationing and relationship lending. Does firm size matter?," Journal of Banking & Finance, Elsevier, vol. 53(C), pages 249-265.
- Amarjit Gill & Craig Wilson, 2021. "Bank connections and small business performance: Evidence from Canadian survey data," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 26(4), pages 5110-5134, October.
- Jarko Fidrmuc & Philipp Schreiber & Martin Siddiqui, 2018. "Intangible Assets and the Determinants of a Single Bank Relation of German SMEs," European Journal of Business Science and Technology, Mendel University in Brno, Faculty of Business and Economics, vol. 4(1), pages 5-30.
- Doris Neuberger & Solvig Räthke, 2009. "Microenterprises and multiple bank relationships: The case of professionals," Small Business Economics, Springer, vol. 32(2), pages 207-229, February.
- Degryse, Hans & Ongena, Steven, 2007.
"The impact of competition on bank orientation,"
Journal of Financial Intermediation, Elsevier, vol. 16(3), pages 399-424, July.
- Degryse, H.A. & Ongena, S., 2006. "The Impact of Competition on Bank Orientation," Other publications TiSEM 3225d4f4-ff7a-4de3-bb8f-8, Tilburg University, School of Economics and Management.
- Degryse, H.A. & Ongena, S., 2006. "The Impact of Competition on Bank Orientation," Discussion Paper 2006-68, Tilburg University, Center for Economic Research.
- repec:zbw:bofrdp:2009_036 is not listed on IDEAS
- Kano, Masaji & Uchida, Hirofumi & Udell, Gregory F. & Watanabe, Wako, 2011.
"Information verifiability, bank organization, bank competition and bank-borrower relationships,"
Journal of Banking & Finance, Elsevier, vol. 35(4), pages 935-954, April.
- Masaji Kano & Hirofumi Uchida & Gregory F. Udell & Wako Watanabe, 2006. "Information Verifiability, Bank Organization, Bank Competition and Bank-Borrower Relationships," Discussion papers 06003, Research Institute of Economy, Trade and Industry (RIETI).
- Annalisa Castelli & Gerald P. Dwyer & Iftekhar Hasan, 2012.
"Bank Relationships and Firms' Financial Performance: The Italian Experience,"
European Financial Management, European Financial Management Association, vol. 18(1), pages 28-67, January.
- Castelli, Annalisa & Dwyer, Gerald P. & Hasan, Iftekhar, 2009. "Bank relationships and firms' financial performance : the Italian experience," Research Discussion Papers 36/2009, Bank of Finland.
- Annalisa Castelli & Gerald P. Dwyer & Iftekhar Hasan, 2006. "Bank relationships and small firms’ financial performance," FRB Atlanta Working Paper 2006-05, Federal Reserve Bank of Atlanta.
- António Pedro Soares Pinto & Mário Gomes Augusto & Pedro M. Gama, 2010. "Bank Relationships And Corporate Governance: A Survey Of The Literature From The Perspective Of Smes," Portuguese Journal of Management Studies, ISEG, Universidade de Lisboa, vol. 0(1), pages 65-85.
- Canarella, Giorgio & Miller, Stephen M., 2018.
"The determinants of growth in the U.S. information and communication technology (ICT) industry: A firm-level analysis,"
Economic Modelling, Elsevier, vol. 70(C), pages 259-271.
- Giorgio Canarella & Stephen M. Miller, 2017. "The Determinants of Growth in the Information and Communication Technology (ICT) Industry: A Firm-Level Analysis," Working papers 2017-12, University of Connecticut, Department of Economics.
- Doris Neuberger & Maurice Pedergnana & Solvig Räthke-Döppner, 2008. "Concentration of Banking Relationships in Switzerland: The Result of Firm Structure or Banking Market Structure?," Journal of Financial Services Research, Springer;Western Finance Association, vol. 33(2), pages 101-126, April.
- Annalisa Castelli & Gerald P. Dwyer & Iftekhar Hasan, 2012.
"Bank Relationships and Firms' Financial Performance: The Italian Experience,"
European Financial Management, European Financial Management Association, vol. 18(1), pages 28-67, January.
- Castelli, Annalisa & Dwyer, Gerald P. & Hasan, Iftekhar, 2009. "Bank relationships and firms' financial performance: the Italian experience," Bank of Finland Research Discussion Papers 36/2009, Bank of Finland.
More about this item
Keywords
Relationship lending; Capture effects; Firms’ growth; G21; G34;All these keywords.
JEL classification:
- G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
- G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:sbusec:v:40:y:2013:i:4:p:977-1007. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.