با سلام خدمت کاربران در صورتی که با خطای سیستم پرداخت بانکی مواجه شدید از طریق کارت به کارت (6037997535328901 بانک ملی ناصر خنجری ) مقاله خود را دریافت کنید (تا مشکل رفع گردد).
دسته بندی:
بانکداری - Banking
سال انتشار:
2018
عنوان انگلیسی مقاله:
When arms length is too far: Relationship banking over the credit cycle
ترجمه فارسی عنوان مقاله:
وقتی که طول بازو بسیار زیاد است: بانکداری رابطه ای در چرخه اعتباری
منبع:
Journal of Financial Economics Volume 127, Issue 1, January 2018, Pages 174-196
نویسنده:
Thorsten Beck, Hans Degryse, Ralph De Haas, Neeltje van Horen
چکیده انگلیسی:
We conduct face-to-face interviews with bank chief executive officers to classify 397 banks across 21 countries as relationship or transaction lenders. We then use the geographic coordinates of these banks’ branches and of 14,100 businesses to analyze how the lending techniques of banks near firms are related to credit constraints at two contrasting points of the credit cycle. We find that while relationship lending is not associated with credit constraints during a credit boom, it alleviates such constraints during a downturn. This positive role of relationship lending is stronger for small and opaque firms and in regions with a more severe economic downturn. Moreover, relationship lending mitigates the impact of a downturn on firm growth and does not constitute evergreening of loans.
keywords: Relationship banking |Credit constraints |Credit cycle
قیمت: رایگان
توضیحات اضافی: نظر
تعداد نظرات : 0