Journal of Financial Services Research

Journal of Financial Services Research OnlineFirst articles

11.06.2021

Connected Lending in Bank Lines of Credit

We find that firms usually obtain larger credit lines if their executives have common past employers or past board memberships with lenders. The effect not only exists in the initial amount of credit lines but also the amendment amount during …

07.06.2021

Banking Regulation and Collateral Screening in a Model of Information Asymmetry

This paper explores the impact of banking regulation on a competitive credit market with ex-ante asymmetric information and aggregate uncertainty. I construct a model where the government imposes a regulatory constraint that limits the losses …

05.06.2021

Resolving “Too Big to Fail”

Using a synthetic control research design, we find that living will regulation increases a bank’s annual cost of capital by 22 bps, or 10% of total funding costs. This effect is stronger in banks measured as systemically important before the …

24.05.2021

How Banks Price Loans for LBOs: an Empirical Analysis of Spread Determinants *

This paper examines which factors determine the pricing of loans for LBOs, using a worldwide sample of 11,111 loans closed in the 2000–2016 period. Our findings are consistent with the hypotheses that loans for LBOs extended to borrowers in …

21.04.2021

Liquidity Creation and Trust Environment

Trust towards banks plays a central role in theoretical literature. Diamond and Dybvig (J Polit Econ 91:401–419, 1983) argue that in a trustworthy environment banks can easily collect deposit foster banking activity and asset transformation.

Weitere Informationen

Titel

Journal of Financial Services Research

Verlag

Springer US

Abdeckung

Jahrgang 11/1997 - Jahrgang 59/2021

Print ISSN

0920-8550

Elektronische ISSN

1573-0735

DOI

https://doi.org/10.1007/10693.1573-0735

Zeitschriften-ID

10693