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| Author: | Farinha, L.A. Santos, J.A.C. |
| Title: | Switching from single to multiple bank lending relationships: determinants and implications |
| Journal: | Journal of Financial Intermediation
2002 : APR, VOL. 11:2, p. 124-151 |
| Index terms: | BANK LENDING BANKING |
| Freeterms: | RELATIONSHIPS |
| Language: | eng |
| Abstract: | The data shows that nearly all firms borrow for the first time in their life from a single bank, but soon afterward some of them start borrowing from additional banks. Duration analysis shows that the likelihood of a firm substituting a single relationship with multiple relationships increases with the duration of that relationship. |
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