search query: @indexterm Banks / total: 1629
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| Author: | Berger, A. N. Klapper, L. F. Udell, G. F. |
| Title: | The ability of banks to lend to informationally opaque small businesses |
| Journal: | Journal of Banking and Finance
2001 : DEC, VOL. 25:12, p. 2127-2168 |
| Index terms: | BANKS MERGERS FINANCE SMALL BUSINESS |
| Language: | eng |
| Abstract: | The authors test hypotheses about the effects of bank size, foreign ownership, and distress on lending to informationally opaque small firms using a rich new data set on Argentinean banks, firms, and loans. The authors also test hypotheses about borrowing from a single bank versus multiple banks. The authors' results suggest that large and foreign-owned institutions may have difficulty extending relationship loans to opaque small firms. Bank distress appears to have no greater effect on small borrowers than on large borrowers, although even small firms may react to bank distress by borrowing from multiple banks, raising borrowing costs and destroying some relationship benefits. |
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