Bank loan contracting and corporate diversification: Does organizational structure matter to lenders?

This paper investigates the effect of corporate diversification on the pricing of bank-loan contracts. We find that diversified firms have significantly lower loan rates than comparable focused firms, and we find no evidence that diversified firms are subject to more restrictive non-price contract t...

Celý popis

Uložené v:

Podrobná bibliografia
Vydané v:	Journal of financial intermediation Ročník 24; číslo 2; s. 252 - 282
Hlavní autori:	Aivazian, Varouj A., Qiu, Jiaping, Rahaman, Mohammad M.
Médium:	Journal Article
Jazyk:	English
Vydavateľské údaje:	San Diego Elsevier BV 01.04.2015
Predmet:	Analysis Bank loans Banking Banks Cash flow Companies Contracts Diversification Financial theory Financing Loans Maturity Organizational structure Pricing Studies
ISSN:	1042-9573, 1096-0473
On-line prístup:	Získať plný text
Tagy:	Pridať tag Žiadne tagy, Buďte prvý, kto otaguje tento záznam!

Buďte prvý, kto okomentuje tento záznam!