Relational capital in lending relationships: evidence from European family firms

نویسندگان
چکیده

برای دانلود باید عضویت طلایی داشته باشید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Specialization in Bank Lending: Evidence from Exporting Firms

This paper develops an empirical approach for identifying bank specialization in export markets. Combining loan and shipment data for all exporters in Peru, we find that all banks have abnormally large and persistent loan portfolio exposures to at least one export destination market. Specifications that saturate all bank-time and firm-time variation show that firms that expand exports to a coun...

متن کامل

Environmental compliance and human capital: Evidence from Chinese industrial firms

By using a unique cross-sectional dataset of Chinese industrial firms, this paper investigates the external and internal effects of human capital on firms’ environmental performance. The result shows that firms have better environmental compliance because they are ‘pushed’ into compliance by the internal driver of human capital and ‘pulled’ to be environmental friendly by the external force of ...

متن کامل

Concentration, Hold-up, and Information Revelation in Bank Lending: Evidence from Chilean Firms

over time depends on the functioning of the financial system. Within this market, banks play a fundamental role as financial intermediaries, providing access to the payment system, transforming assets, managing risk, and monitoring and processing information (Freixas and Rochet, 1998). In this paper we empirically study the role of banks in overcoming the frictions that arise from asymmetric in...

متن کامل

Employment effects of acquisitions: Evidence from acquired European firms

This paper examines the employment effects of acquisitions for acquired European firms taking non-random selection of acquisition targets explicitly into account. Following the empirical firm growth literature and theories put forward in the mergers and acquisition (M&A) literature we control for convergence dynamics in firm size and distinguish between different types of acquisitions. Empirica...

متن کامل

An Empirical Investigation of the Impact of Intellectual Capital on Firms’ Market Value and Financial Performance: Evidence from Iranian Companies

In modern economics, Intellectual capital is described as an intangible asset which can be used as a source of sustainable competitive advantage. However, intellectual capital components have to interact in themselves to create value. The paper seeks to examine the impact of intellectual capital on firms’ market value and financial performance. The efficiency of the value added by corporate int...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

ژورنال

عنوان ژورنال: Small Business Economics

سال: 2018

ISSN: 0921-898X,1573-0913

DOI: 10.1007/s11187-018-0019-3