Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/149363 
Erscheinungsjahr: 
2016
Schriftenreihe/Nr.: 
IAW Diskussionspapiere No. 122
Verlag: 
Institut für Angewandte Wirtschaftsforschung (IAW), Tübingen
Zusammenfassung: 
Academic research recognizes that the organizational structure of banks could have implications for the financing of small businesses and entrepreneurial firms. In this chapter, we start by reviewing the underlying theoretical motivation and then summarize existing evidence. Overall, it is confirmed that the organization of lending institutions is important for the use and transmission of information, as well as credit availability for small businesses. Moreover, using a unique dataset of bank loans, we empirically document that loan contract characteristics such as interest rates and collateral requirements are sensitive to the hierarchical allocation of decision-making authority within the bank's organization.
Schlagwörter: 
Bank organization structure
Authority allocation
Small business financing
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
215.17 kB





Publikationen in EconStor sind urheberrechtlich geschützt.