메뉴 건너뛰기




Volumn 29, Issue 4, 1997, Pages 517-534

Bank loan commitment contracts: Data, theory, and tests

Author keywords

[No Author keywords available]

Indexed keywords


EID: 0040238846     PISSN: 00222879     EISSN: None     Source Type: Journal    
DOI: 10.2307/2953711     Document Type: Article
Times cited : (139)

References (37)
  • 1
    • 0000057450 scopus 로고
    • Loan commitments and bank risk exposure
    • Avery, Robert, and Allen Berger. "Loan Commitments and Bank Risk Exposure." Journal of Banking and Finance 15 (1991), 173-92.
    • (1991) Journal of Banking and Finance , vol.15 , pp. 173-192
    • Avery, R.1    Berger, A.2
  • 2
    • 84933491229 scopus 로고
    • Some evidence on the empirical significance of credit rationing
    • Berger, Allen, and Gregory Udell. "Some Evidence on the Empirical Significance of Credit Rationing." Journal of Political Economy 100 (1992). 1047-77.
    • (1992) Journal of Political Economy , vol.100 , pp. 1047-1077
    • Berger, A.1    Udell, G.2
  • 3
    • 0038127300 scopus 로고
    • Relationship lending and lines of credit in small firm finance
    • _. "Relationship Lending and Lines of Credit in Small Firm Finance." Journal of Business 68 (1995), 351-82.
    • (1995) Journal of Business , vol.68 , pp. 351-382
  • 7
    • 0001146935 scopus 로고
    • Reputation and discretion in financial contracting
    • December
    • Boot, Arnoud W. A., Stuart I. Greenbaum, and Anjan V. Thakor. "Reputation and Discretion in Financial Contracting." American Economic Review 83 (December 1993), 1165-83.
    • (1993) American Economic Review , vol.83 , pp. 1165-1183
    • Boot, A.W.A.1    Greenbaum, S.I.2    Thakor, A.V.3
  • 8
    • 0001403052 scopus 로고
    • Secured lending and default risk: Equilibrium analysis implications
    • May
    • Boot, Arnoud W. A., Anjan V. Thakor, and Gregory F. Udell. "Secured Lending and Default Risk: Equilibrium Analysis Implications." The Economic Journal 101-406 (May 1991a), 458-72.
    • (1991) The Economic Journal , vol.101-406 , pp. 458-472
    • Boot, A.W.A.1    Thakor, A.V.2    Udell, G.F.3
  • 9
    • 0001523042 scopus 로고
    • Credible commitments, contract enforcement problems and banks: Intermediation as credibility assurance
    • June
    • _. "Credible Commitments, Contract Enforcement Problems and Banks: Intermediation as Credibility Assurance. "Journal of Banking and Finance 15 (June 1991b), 605-32.
    • (1991) Journal of Banking and Finance , vol.15 , pp. 605-632
  • 11
    • 0001139863 scopus 로고
    • Signaling games and stable equilibria
    • Cho, In-koo, and David Kreps. "Signaling Games and Stable Equilibria." Quarterly Journal of Economics 102 (1987), 179-222.
    • (1987) Quarterly Journal of Economics , vol.102 , pp. 179-222
    • Cho, I.-K.1    Kreps, D.2
  • 13
    • 44949291946 scopus 로고
    • An empirical study of private reorganization of firms in default
    • Gilson, Stuart, Kose John, and Larry Lang. "An Empirical Study of Private Reorganization of Firms in Default." Journal of Finance 27 (1990), 315-53.
    • (1990) Journal of Finance , vol.27 , pp. 315-353
    • Gilson, S.1    John, K.2    Lang, L.3
  • 14
    • 0003410290 scopus 로고
    • Princeton, NJ: Princeton University Press
    • Hamilton, J. Time Series Analysis. Princeton, NJ: Princeton University Press, 1994.
    • (1994) Time Series Analysis
    • Hamilton, J.1
  • 15
    • 0000250716 scopus 로고
    • Specification tests in econometrics
    • Hausman, J. "Specification Tests in Econometrics." Econometrica 46 (1978), 1251-72.
    • (1978) Econometrica , vol.46 , pp. 1251-1272
    • Hausman, J.1
  • 16
    • 0000855326 scopus 로고
    • Managerial performance, boards of directors, and takeover bidding
    • Hirshleifer, David, and Anjan Thakor. "Managerial Performance, Boards of Directors, and Takeover Bidding." The Journal of Corporate Finance 1-2 (1994), 63-90.
    • (1994) The Journal of Corporate Finance , vol.1-2 , pp. 63-90
    • Hirshleifer, D.1    Thakor, A.2
  • 17
    • 0000805553 scopus 로고
    • Information revelation, lock-in, and bank loan commitments
    • September
    • Houston, Joel F., and S. Venkataraman. "Information Revelation, Lock-in, and Bank Loan Commitments." Journal of Financial Intermediation 3 (September 1994), 355-78.
    • (1994) Journal of Financial Intermediation , vol.3 , pp. 355-378
    • Houston, J.F.1    Venkataraman, S.2
  • 18
    • 0001131377 scopus 로고
    • Some evidence on the uniqueness of bank loans
    • December
    • James, Christopher. "Some Evidence on the Uniqueness of Bank Loans." Journal of Financial Economics 19 (December 1987), 217-35.
    • (1987) Journal of Financial Economics , vol.19 , pp. 217-235
    • James, C.1
  • 19
    • 38249034827 scopus 로고
    • Commercial paper, bank reserve requirements, and the information role of loan commitments
    • Kanatas, George. "Commercial Paper, Bank Reserve Requirements, and the Information Role of Loan Commitments." Journal of Banking and Finance 11 (1987), 425-48.
    • (1987) Journal of Banking and Finance , vol.11 , pp. 425-448
    • Kanatas, G.1
  • 20
    • 0000558986 scopus 로고
    • Sequential equilibrium
    • Kreps, David, and Robert Wilson. "Sequential Equilibrium." Econometrica 50 (1982), 863-94.
    • (1982) Econometrica , vol.50 , pp. 863-894
    • Kreps, D.1    Wilson, R.2
  • 21
    • 0002206621 scopus 로고
    • Tobin's q ratio and industrial organization
    • Lindenberg, Eric, and Stephen Ross. "Tobin's q Ratio and Industrial Organization." Journal of Business 54 (1981), 1-32.
    • (1981) Journal of Business , vol.54 , pp. 1-32
    • Lindenberg, E.1    Ross, S.2
  • 22
    • 45349110429 scopus 로고
    • Further evidence on the bank lending process and capital-market response to bank loan agreements
    • Lummer, Scott L., and John McConnell. "Further Evidence on the Bank Lending Process and Capital-Market Response to Bank Loan Agreements." Journal of Financial Economics 25 (1989), 99-122.
    • (1989) Journal of Financial Economics , vol.25 , pp. 99-122
    • Lummer, S.L.1    McConnell, J.2
  • 23
    • 84910868979 scopus 로고
    • Loan commitment contracts, terms of lending, and credit allocation
    • Melnik, Arie, and Steven Plaut. "Loan Commitment Contracts, Terms of Lending, and Credit Allocation." Journal of Finance 41 (1986), 425-35.
    • (1986) Journal of Finance , vol.41 , pp. 425-435
    • Melnik, A.1    Plaut, S.2
  • 24
    • 84939429904 scopus 로고
    • Dividend policy under asymmetric information
    • Miller, Merton, and Kevin Rock. "Dividend Policy under Asymmetric Information." Journal of finance 40 (1985), 1031-51.
    • (1985) Journal of Finance , vol.40 , pp. 1031-1051
    • Miller, M.1    Rock, K.2
  • 25
    • 84993914974 scopus 로고
    • The benefits of firm-creditor relationships: Evidence from small business data
    • March
    • Petersen, Mitchell A., and Raghuram G. Rajan. "The Benefits of Firm-Creditor Relationships: Evidence from Small Business Data." Journal of Finance 49 (March 1994), 3-37.
    • (1994) Journal of Finance , vol.49 , pp. 3-37
    • Petersen, M.A.1    Rajan, R.G.2
  • 26
    • 84862244566 scopus 로고
    • The effect of credit market competition on lending relationships
    • _. "The Effect of Credit Market Competition on Lending Relationships." Quarterly Journal of Economics 110 (1995), 407-43.
    • (1995) Quarterly Journal of Economics , vol.110 , pp. 407-443
  • 28
    • 0017470663 scopus 로고
    • The determination of financial structure: The incentive-signaling approach
    • Ross, Stephen. "The Determination of Financial Structure: The Incentive-Signaling Approach," Bell Journal of Economics (1977) 23-40.
    • (1977) Bell Journal of Economics , pp. 23-40
    • Ross, S.1
  • 29
    • 0009777596 scopus 로고
    • Bank loan commitments and corporate leverage
    • Shockley, Richard L. "Bank Loan Commitments and Corporate Leverage." Journal of Financial Intermediation 4 (1995), 272-301.
    • (1995) Journal of Financial Intermediation , vol.4 , pp. 272-301
    • Shockley, R.L.1
  • 31
    • 38249010143 scopus 로고
    • Firm size and the information content of bank loan announcements
    • December
    • Slovin, Myron B., Shane Johnson, and John L. Glascock. "Firm Size and the Information Content of Bank Loan Announcements." Journal of Banking and Finance 16 (December 1992), 1057-72.
    • (1992) Journal of Banking and Finance , vol.16 , pp. 1057-1072
    • Slovin, M.B.1    Johnson, S.2    Glascock, J.L.3
  • 32
    • 2342505938 scopus 로고
    • The investment opportunity set and corporate financing, dividend, and compensation policies
    • Smith, Clifford, and Ross Watts. "The Investment Opportunity Set and Corporate Financing, Dividend, and Compensation Policies." Journal of Financial Economics 32 (1992), 263-92.
    • (1992) Journal of Financial Economics , vol.32 , pp. 263-292
    • Smith, C.1    Watts, R.2
  • 34
    • 84977368759 scopus 로고
    • Toward a theory of bank loan commitments
    • June
    • Thakor, Anjan V. "Toward a Theory of Bank Loan Commitments." The Journal of Banking and Finance 37 (June 1982), 717-39.
    • (1982) The Journal of Banking and Finance , vol.37 , pp. 717-739
    • Thakor, A.V.1
  • 35
    • 0011401979 scopus 로고
    • Competitive equilibrium with type convergence in an asymmetrically informed market
    • Summer
    • _. "Competitive Equilibrium with Type Convergence in an Asymmetrically Informed Market." The Review of Financial Studies 2 (Summer 1989), 49-71.
    • (1989) The Review of Financial Studies , vol.2 , pp. 49-71
  • 36
    • 38249038250 scopus 로고
    • An economic rationale for the pricing structure of bank loan commitments
    • Thakor, Anjan V., and Gregory F. Udell." An Economic Rationale for the Pricing Structure of Bank Loan Commitments." The Journal of Banking and Finance 11 (1987), 271-89.
    • (1987) The Journal of Banking and Finance , vol.11 , pp. 271-289
    • Thakor, A.V.1    Udell, G.F.2
  • 37
    • 0000095552 scopus 로고
    • A heteroskedasticity-consistent covariance matrix estimator and a direct test for heteroskedasticity
    • White, Halbert. "A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity." Econometrica 48 (1980), 817-38.
    • (1980) Econometrica , vol.48 , pp. 817-838
    • White, H.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.