期刊
JOURNAL OF BANKING & FINANCE
卷 36, 期 3, 页码 857-870出版社
ELSEVIER
DOI: 10.1016/j.jbankfin.2011.09.016
关键词
Lending relationship; Japanese banks; Nonperforming loans; Bankruptcy; Small business; Credit union
This paper empirically investigates the role played by relatively small banks in the Japanese local credit market. We test the hypothesis that small banks enhance the recovery rate from the financial distress and reduce the bankruptcy ratio of small firms. Empirical evidence suggests that small banks specialize more in relationship loans to small firms. However, this expertise is limited to the loans to unincorporated firms or those with a very small number of employees. (C) 2011 Elsevier B.V. All rights reserved.
作者
我是这篇论文的作者
点击您的名字以认领此论文并将其添加到您的个人资料中。
推荐
暂无数据