메뉴 건너뛰기




Volumn 64, Issue 2, 2009, Pages 823-860

Creditor rights, enforcement, and bank loans

Author keywords

[No Author keywords available]

Indexed keywords


EID: 62449311903     PISSN: 00221082     EISSN: 15406261     Source Type: Journal    
DOI: 10.1111/j.1540-6261.2009.01450.x     Document Type: Article
Times cited : (546)

References (48)
  • 1
    • 0000979996 scopus 로고    scopus 로고
    • The colonial origins of comparative development: An empirical investigation
    • and.
    • Acemoglu, Daron, Simon Johnson, and James A. Robinson, 2001, The colonial origins of comparative development: An empirical investigation, American Economic Review 91, 1369 1401.
    • (2001) American Economic Review , vol.91 , pp. 1369-1401
    • Acemoglu, D.1    Johnson, S.2    Robinson, J.A.3
  • 3
    • 0035650346 scopus 로고    scopus 로고
    • Time-series cross-section data: What have we learned in the past few years
    • Beck, Nathaniel, 2001, Time-series cross-section data: What have we learned in the past few years Annual Review of Political Science 4, 271 293.
    • (2001) Annual Review of Political Science , vol.4 , pp. 271-293
    • Beck, N.1
  • 4
    • 0029488278 scopus 로고
    • Property rights and investment incentives: Theory and evidence from Ghana
    • Besley, Timothy, 1995, Property rights and investment incentives: Theory and evidence from Ghana, Journal of Political Economy 103, 903 937.
    • (1995) Journal of Political Economy , vol.103 , pp. 903-937
    • Besley, T.1
  • 5
    • 0041672311 scopus 로고    scopus 로고
    • The world price of insider trading
    • and.
    • Bhattacharya, Utpal, and Hazem Daouk, 2002, The world price of insider trading, Journal of Finance 57, 75 108.
    • (2002) Journal of Finance , vol.57 , pp. 75-108
    • Bhattacharya, U.1    Daouk, H.2
  • 7
    • 0031256503 scopus 로고    scopus 로고
    • Differences of opinion and selection bias in the credit rating industry
    • and.
    • Cantor, Richard, and Frank Packer, 1997, Differences of opinion and selection bias in the credit rating industry, Journal of Banking and Finance 21, 1395 1417.
    • (1997) Journal of Banking and Finance , vol.21 , pp. 1395-1417
    • Cantor, R.1    Packer, F.2
  • 8
    • 0000200532 scopus 로고    scopus 로고
    • Disentangling the incentive and entrenchment effects of large shareholdings
    • and.
    • Claessens, Stijn, Simeon Djankov, Joseph Fan, and Larry Lang, 2002, Disentangling the incentive and entrenchment effects of large shareholdings, Journal of Finance 57, 2741 2771.
    • (2002) Journal of Finance , vol.57 , pp. 2741-2771
    • Claessens, S.1    Djankov, S.2    Fan, J.3    Lang, L.4
  • 10
    • 0033472978 scopus 로고    scopus 로고
    • Institutions, financial markets, and firm debt maturity
    • and.
    • Demirgüç-Kunt, Asli and Vojislav Maksimovic, 1999, Institutions, financial markets, and firm debt maturity, Journal of Financial Economics 54, 295 336.
    • (1999) Journal of Financial Economics , vol.54 , pp. 295-336
    • Demirgüç-Kunt, A.1    Maksimovic, V.2
  • 11
    • 10944260107 scopus 로고    scopus 로고
    • A multinational perspective on capital structure choice and internal capital markets
    • and.
    • Desai, Mihir A., C. Fritz Foley, and James R. Hines, 2004, A multinational perspective on capital structure choice and internal capital markets, Journal of Finance 59, 2451 2488.
    • (2004) Journal of Finance , vol.59 , pp. 2451-2488
    • Desai, M.A.1    Foley, C.F.2    Hines, J.R.3
  • 12
    • 0000674080 scopus 로고
    • Debt maturity and liquidity risk
    • Diamond, Douglas W., 1991, Debt maturity and liquidity risk, Quarterly Journal of Economics 106, 709 737.
    • (1991) Quarterly Journal of Economics , vol.106 , pp. 709-737
    • Diamond, D.W.1
  • 13
    • 0000298981 scopus 로고
    • Seniority and maturity of debt contracts
    • Diamond, Douglas W., 1993, Seniority and maturity of debt contracts, Journal of Financial Economics 33, 341 368.
    • (1993) Journal of Financial Economics , vol.33 , pp. 341-368
    • Diamond, D.W.1
  • 14
    • 84944074311 scopus 로고    scopus 로고
    • Committing to commit: Short-term debt when enforcement is costly
    • Diamond, Douglas W., 2004, Committing to commit: Short-term debt when enforcement is costly, Journal of Finance 59, 1447 1480.
    • (2004) Journal of Finance , vol.59 , pp. 1447-1480
    • Diamond, D.W.1
  • 16
    • 0012592760 scopus 로고    scopus 로고
    • Structuring loan syndicates: A case study of the Hong Kong Disneyland project loan
    • Esty, Benjamin C., 2001, Structuring loan syndicates: A case study of the Hong Kong Disneyland project loan, Journal of Applied Corporate Finance 13, 3 23.
    • (2001) Journal of Applied Corporate Finance , vol.13 , pp. 3-23
    • Esty, B.C.1
  • 17
    • 84985947833 scopus 로고    scopus 로고
    • Why study large projects? An introduction to research on project finance
    • Esty, Benjamin C., 2004, Why study large projects? An introduction to research on project finance, European Financial Management 10, 213 224.
    • (2004) European Financial Management , vol.10 , pp. 213-224
    • Esty, B.C.1
  • 19
    • 0037346716 scopus 로고    scopus 로고
    • Creditor rights, enforcement, and debt ownership structure: Evidence from the global syndicate loan market
    • and.
    • Esty, Benjamin C., and William L. Megginson, 2003, Creditor rights, enforcement, and debt ownership structure: Evidence from the global syndicate loan market, Journal of Financial and Quantitative Analysis 38, 37 59.
    • (2003) Journal of Financial and Quantitative Analysis , vol.38 , pp. 37-59
    • Esty, B.C.1    Megginson, W.L.2
  • 21
    • 33745302208 scopus 로고    scopus 로고
    • International differences in cost of capital: Do legal institutions and securities regulation matter
    • and
    • Hail, Luzi, and Christian Luez, 2006, International differences in cost of capital: Do legal institutions and securities regulation matter Journal of Accounting Research 44, 485 531.
    • (2006) Journal of Accounting Research , vol.44 , pp. 485-531
    • Hail, L.1    Luez, C.2
  • 22
    • 0003559593 scopus 로고    scopus 로고
    • Cambridge University Press. Cambridge).
    • Hsiao, Cheng, 2003, Analysis of Panel Data (Cambridge University Press, Cambridge).
    • (2003) Analysis of Panel Data
    • Hsiao, C.1
  • 23
    • 18144391940 scopus 로고    scopus 로고
    • Courts and banks: Effects of judicial enforcement on credit markets
    • and.
    • Jappelli, Tullio, Marco Pagano, and Magda Bianco, 2005, Courts and banks: Effects of judicial enforcement on credit markets, Journal of Money, Credit and Banking 37, 223 244.
    • (2005) Journal of Money, Credit and Banking , vol.37 , pp. 223-244
    • Jappelli, T.1    Pagano, M.2    Bianco, M.3
  • 25
    • 84984517112 scopus 로고
    • Institutions and economic performance: Cross country tests using alternative institutional measures
    • and.
    • Knack, Stephen, and Philip Keefer, 1995, Institutions and economic performance: Cross country tests using alternative institutional measures, Economics and Politics 7, 207 227.
    • (1995) Economics and Politics , vol.7 , pp. 207-227
    • Knack, S.1    Keefer, P.2
  • 30
    • 34548137436 scopus 로고    scopus 로고
    • Does judicial efficiency lower the cost of credit
    • and
    • Laeven, Luc, and Giovanni Majnoni, 2005, Does judicial efficiency lower the cost of credit Journal of Banking and Finance 29, 1791 1812.
    • (2005) Journal of Banking and Finance , vol.29 , pp. 1791-1812
    • Laeven, L.1    Majnoni, G.2
  • 31
    • 0003195790 scopus 로고    scopus 로고
    • Ownership structure, corporate governance, and firm value: Evidence from the East Asian financial crisis
    • and.
    • Lemmon, Michael L., and Karl V. Lins, 2003, Ownership structure, corporate governance, and firm value: Evidence from the East Asian financial crisis, Journal of Finance 58, 1445 1468.
    • (2003) Journal of Finance , vol.58 , pp. 1445-1468
    • Lemmon, M.L.1    Lins, K.V.2
  • 33
    • 0003093394 scopus 로고    scopus 로고
    • Financial intermediation and growth: Causality and causes
    • and.
    • Levine, Ross, Thorsten Beck, and Norman Loyaza, 2000, Financial intermediation and growth: Causality and causes, Journal of Monetary Economics 46, 31 77.
    • (2000) Journal of Monetary Economics , vol.46 , pp. 31-77
    • Levine, R.1    Beck, T.2    Loyaza, N.3
  • 35
    • 0036822438 scopus 로고    scopus 로고
    • The costs, wealth effects, and determinants of international capital raising: Evidence from public Yankee bonds
    • and.
    • Miller, Darius P., and John J. Puthenpurackal, 2002, The costs, wealth effects, and determinants of international capital raising: Evidence from public Yankee bonds, Journal of Financial Intermediation 11, 455 485.
    • (2002) Journal of Financial Intermediation , vol.11 , pp. 455-485
    • Miller, D.P.1    Puthenpurackal, J.J.2
  • 36
    • 0036094466 scopus 로고    scopus 로고
    • A cross-firm analysis of the impact of corporate governance on the East Asian financial crisis
    • Mitton, Todd, 2002, A cross-firm analysis of the impact of corporate governance on the East Asian financial crisis, Journal of Financial Economics 64, 215 241.
    • (2002) Journal of Financial Economics , vol.64 , pp. 215-241
    • Mitton, T.1
  • 37
    • 0001373089 scopus 로고    scopus 로고
    • The information content of stock markets: Why do emerging markets have synchronous stock price movements
    • and
    • Morck, Randall, Bernard Yeung, and Wayne Yu, 2000, The information content of stock markets: Why do emerging markets have synchronous stock price movements Journal of Financial Economics 58, 215 260.
    • (2000) Journal of Financial Economics , vol.58 , pp. 215-260
    • Morck, R.1    Yeung, B.2    Yu, W.3
  • 38
    • 49449125071 scopus 로고
    • Determinants of corporate borrowing
    • Myers, Stewart C., 1977, Determinants of corporate borrowing, Journal of Financial Economics 5, 147 175.
    • (1977) Journal of Financial Economics , vol.5 , pp. 147-175
    • Myers, S.C.1
  • 39
    • 41149126955 scopus 로고    scopus 로고
    • Estimating standard errors in finance panel data sets: Comparing approaches
    • forthcoming.
    • Petersen, Mitchell A., 2007, Estimating standard errors in finance panel data sets: Comparing approaches, Review of Financial Studies forthcoming.
    • (2007) Review of Financial Studies
    • Petersen, M.A.1
  • 41
    • 34047206285 scopus 로고    scopus 로고
    • Efficient estimation of time-invariant and rarely changing variables in finite sample panel analysis with unit fixed effects
    • and.
    • Plümper, Thomas, and Vera E. Troeger, 2007, Efficient estimation of time-invariant and rarely changing variables in finite sample panel analysis with unit fixed effects, Political Analysis 15, 124 139.
    • (2007) Political Analysis , vol.15 , pp. 124-139
    • Plümper, T.1    Troeger, V.E.2
  • 42
    • 36649026728 scopus 로고    scopus 로고
    • How law and institutions shape financial contracts: The case of bank loans
    • and.
    • Qian, Jun, and Philip E. Strahan, 2007, How law and institutions shape financial contracts: The case of bank loans, Journal of Finance 62, 2803 2834.
    • (2007) Journal of Finance , vol.62 , pp. 2803-2834
    • Qian, J.1    Strahan, P.E.2
  • 43
    • 0001051586 scopus 로고    scopus 로고
    • Financial dependence and growth
    • and.
    • Rajan, Raghuram, and Luigi Zingales, 1998, Financial dependence and growth, American Economic Review 88, 559 586.
    • (1998) American Economic Review , vol.88 , pp. 559-586
    • Rajan, R.1    Zingales, L.2
  • 44
    • 0000342340 scopus 로고
    • Credit rationing in markets with imperfect information
    • and.
    • Stiglitz, Joseph E., and Andrew Weiss, 1981, Credit rationing in markets with imperfect information, American Economic Review 71, 393 410.
    • (1981) American Economic Review , vol.71 , pp. 393-410
    • Stiglitz, J.E.1    Weiss, A.2
  • 46
    • 33947301769 scopus 로고    scopus 로고
    • Information asymmetry and financing arrangements: Evidence from syndicated loans
    • Sufi, Amir, 2007, Information asymmetry and financing arrangements: Evidence from syndicated loans, Journal of Finance 62, 629 668.
    • (2007) Journal of Finance , vol.62 , pp. 629-668
    • Sufi, A.1
  • 48
    • 0003300715 scopus 로고    scopus 로고
    • Understanding the determinants of managerial ownership and the link between ownership and performance: Comment
    • Zhou, Xianming, 2001, Understanding the determinants of managerial ownership and the link between ownership and performance: Comment, Journal of Financial Economics 62, 559 571.
    • (2001) Journal of Financial Economics , vol.62 , pp. 559-571
    • Zhou, X.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.