메뉴 건너뛰기




Volumn 24, Issue 4, 2011, Pages 1102-1140

Staying, dropping, or switching: The impacts of bank mergers on small firms

Author keywords

[No Author keywords available]

Indexed keywords


EID: 79953881901     PISSN: 08939454     EISSN: 14657368     Source Type: Journal    
DOI: 10.1093/rfs/hhp126     Document Type: Article
Times cited : (91)

References (43)
  • 1
    • 15744388444 scopus 로고    scopus 로고
    • The dynamics of market entry: The effects of mergers and acquisitions on entry in the banking industry
    • Berger, A., S. Bonime, L. Goldberg, and L. White. 2004. The Dynamics of Market Entry: The Effects ofMergers and Acquisitions on Entry in the Banking Industry. Journal of Business 77:797-834.
    • (2004) Journal of Business , vol.77 , pp. 797-834
    • Berger, A.1    Bonime, S.2    Goldberg, L.3    White, L.4
  • 2
    • 0033074730 scopus 로고    scopus 로고
    • The consolidation of the financial services industry: Causes, consequences, and implications for the future
    • Berger, A., R. Demsetz, and P. Strahan. 1999. The Consolidation of the Financial Services Industry: Causes, Consequences, and Implications for the Future. Journal of Banking and Finance 23:135-94.
    • (1999) Journal of Banking and Finance , vol.23 , pp. 135-194
    • Berger, A.1    Demsetz, R.2    Strahan, P.3
  • 3
    • 16844377675 scopus 로고    scopus 로고
    • Does function follow organizational form? Evidence from the lending practices of large and small banks
    • Berger, A., N. Miller, M. Petersen, R. Rajan, and J. Stein. 2005. Does Function Follow Organizational Form? Evidence from the Lending Practices of Large and Small Banks. Journal of Financial Economics 76:237-69.
    • (2005) Journal of Financial Economics , vol.76 , pp. 237-269
    • Berger, A.1    Miller, N.2    Petersen, M.3    Rajan, R.4    Stein, J.5
  • 5
    • 0001457111 scopus 로고    scopus 로고
    • Universal banking and the future of small business lending
    • A. Saunders and I. Walter (eds.) . Homewood, IL: Irwin Publishing
    • Berger, A., and G. Udell. 1996. Universal Banking and the Future of Small Business Lending. In A. Saunders and I. Walter (eds.), Financial System Design: The Case for Universal Banking. Homewood, IL: Irwin Publishing.
    • (1996) Financial System Design: The Case for Universal Banking
    • Berger, A.1    Udell, G.2
  • 6
    • 0042090711 scopus 로고    scopus 로고
    • Entrepreneurship and bank credit availability
    • Black, S., and P. Strahan. 2002. Entrepreneurship and Bank Credit Availability. Journal of Finance 57:2807-33. (Pubitemid 36937861)
    • (2002) Journal of Finance , vol.57 , Issue.6 , pp. 2807-2833
    • Black, S.E.1    Strahan, P.E.2
  • 7
    • 33947266441 scopus 로고    scopus 로고
    • Winners or losers? the effects of banking consolidation on corporate borrowers
    • Bonaccorsi di Patti, E., and G. Gobbi. 2007. Winners or Losers? The Effects of Banking Consolidation on Corporate Borrowers. Journal of Finance 62:669-96.
    • (2007) Journal of Finance , vol.62 , pp. 669-696
    • Bonaccorsi Di Patti, E.1    Gobbi, G.2
  • 8
    • 0742304045 scopus 로고    scopus 로고
    • The structure of bank relationships, endogenous monitoring, and loan rates
    • DOI 10.1016/j.jfi.2003.04.001, Corporate Governance in the Banking and Financial Services Industries
    • Carletti, E. 2004. The Structure of Bank Relationships, Endogenous Monitoring and Loan Rates. Journal of Financial Intermediation 13:58-86. (Pubitemid 38161311)
    • (2004) Journal of Financial Intermediation , vol.13 , Issue.1 , pp. 58-86
    • Carletti, E.1
  • 9
    • 33744747546 scopus 로고    scopus 로고
    • How have borrowers fared in banking megamergers?
    • DOI 10.1353/mcb.2006.0039
    • Carow, K. A., E. Kane, and R. Nayaranan. 2006. How Have Borrowers Fared in Banking Mega-mergers? Journal of Money, Credit, and Banking 38:821-36. (Pubitemid 43822935)
    • (2006) Journal of Money, Credit and Banking , vol.38 , Issue.3 , pp. 821-836
    • Carow, K.A.1    Kane, E.J.2    Narayanan, R.P.3
  • 10
    • 0012848108 scopus 로고    scopus 로고
    • Banking market structure, financial dependence, and growth: International evidence from industry data
    • Cetorelli, N., and M. Gambera. 2001. Banking Market Structure, Financial Dependence, and Growth: International Evidence from Industry Data. Journal of Finance 56:617-48.
    • (2001) Journal of Finance , vol.56 , pp. 617-648
    • Cetorelli, N.1    Gambera, M.2
  • 12
    • 34250167710 scopus 로고    scopus 로고
    • Credit rationing, customer relationship, and the number of banks: An empirical analysis
    • de Bodt, E., F. Lobez, and J. C. Statnik. 2005. Credit Rationing, Customer Relationship, and the Number of Banks: An Empirical Analysis. European Financial Management 11:195-228.
    • (2005) European Financial Management , vol.11 , pp. 195-228
    • De Bodt, E.1    Lobez, F.2    Statnik, J.C.3
  • 13
    • 79953846323 scopus 로고    scopus 로고
    • Belgian firms, bank finance, and determinants of bank lending relationships
    • June, National Bank of Belgium
    • Degryse, H., N. Masschelein, and J. Mitchell. 2004, June. Belgian Firms, Bank Finance, and Determinants of Bank Lending Relationships. Financial Stability Review, National Bank of Belgium.
    • (2004) Financial Stability Review
    • Degryse, H.1    Masschelein, N.2    Mitchell, J.3
  • 14
    • 12344330813 scopus 로고    scopus 로고
    • Distance, lending relationships and competition
    • Degryse, H., and S. Ongena. 2005. Distance, Lending Relationships and Competition. Journal of Finance 60:231-66.
    • (2005) Journal of Finance , vol.60 , pp. 231-266
    • Degryse, H.1    Ongena, S.2
  • 15
    • 0002812128 scopus 로고    scopus 로고
    • Relationship lending within a bank-based system: Evidence from european small business data
    • Degryse, H., and P. Van Cayseele. 2000. Relationship Lending within a Bank-based System: Evidence from European Small Business Data. Journal of Financial Intermediation 9:90-109.
    • (2000) Journal of Financial Intermediation , vol.9 , pp. 90-109
    • Degryse, H.1    Van Cayseele, P.2
  • 16
    • 0038831326 scopus 로고    scopus 로고
    • Multiple versus single banking relationships: Theory and evidence
    • Detragiache, E., P. Garella, and L. Guiso. 2000. Multiple Versus Single Banking Relationships: Theory and Evidence. Journal of Finance 55:1133-61.
    • (2000) Journal of Finance , vol.55 , pp. 1133-1161
    • Detragiache, E.1    Garella, P.2    Guiso, L.3
  • 17
    • 79953898460 scopus 로고    scopus 로고
    • L'́evolution des Relations Banques-entreprises dans les Anńees 1990
    • Dietsch, M., and V. Golitin-Boubakari. 2002. L'́evolution des Relations Banques-entreprises dans les Anńees 1990. Bulletin de la Commission Bancaire 27:74-107.
    • (2002) Bulletin de la Commission Bancaire , vol.27 , pp. 74-107
    • Dietsch, M.1    Golitin-Boubakari, V.2
  • 19
    • 11444266001 scopus 로고    scopus 로고
    • Empirical determinants of relationship lending
    • DOI 10.1016/j.jfi.2003.11.004, PII S1042957304000026
    • Elsas, R. 2005. Empirical Determinants of Relationship Lending. Journal of Financial Intermediation 14:32-57. (Pubitemid 40083474)
    • (2005) Journal of Financial Intermediation , vol.14 , Issue.1 , pp. 32-57
    • Elsas, R.1
  • 20
    • 79953858145 scopus 로고    scopus 로고
    • The effect of bank mergers on loan prices: Evidence from the U.S
    • published May 5, 2009, 10.1093/rfs/hhp034
    • Erel, I. 2009. The Effect of Bank Mergers on Loan Prices: Evidence from the U.S. Review of Financial Studies. Advance Access published May 5, 2009, 10.1093/rfs/hhp034.
    • (2009) Review of Financial Studies. Advance Access
    • Erel, I.1
  • 21
    • 0036226570 scopus 로고    scopus 로고
    • Switching from single to multiple bank lending relationships: Determinants and implications
    • Farinha, L.A., and J. Santos. 2002. Switching from Single to Multiple Bank Lending Relationships: Determinants and Implications. Journal of Financial Intermediation 11:124-51.
    • (2002) Journal of Financial Intermediation , vol.11 , pp. 124-151
    • Farinha, L.A.1    Santos, J.2
  • 23
    • 0042788827 scopus 로고    scopus 로고
    • Information technology and financial services competition
    • Hauswald, R., and R. Marquez. 2003. Information Technology and Financial Services Competition. Review of Financial Studies 16:921-48.
    • (2003) Review of Financial Studies , vol.16 , pp. 921-948
    • Hauswald, R.1    Marquez, R.2
  • 24
    • 0001502289 scopus 로고    scopus 로고
    • Where do merger gains come from? Bank mergers from the perspective of insiders and outsiders
    • DOI 10.1016/S0304-405X(01)00046-0, PII S0304405X01000460
    • Houston, J. F., C. M. James, and D. Ryngaert. 2001. Where Do Merger Gains Come From? Bank Mergers from the Perspective of Insiders and Outsiders. Journal of Financial Economics 60:285-331. (Pubitemid 33623434)
    • (2001) Journal of Financial Economics , vol.60 , Issue.2-3 , pp. 285-331
    • Houston, J.F.1    James, C.M.2    Ryngaert, M.D.3
  • 25
    • 23944451587 scopus 로고    scopus 로고
    • The impact of bank consolidation on commercial borrower welfare
    • DOI 10.1111/j.1540-6261.2005.00787.x
    • Karceski, J., S. Ongena, and D. Smith. 2005. The Impact of Bank Consolidation on Commercial Borrower Welfare. Journal of Finance 60:2043-82. (Pubitemid 41205013)
    • (2005) Journal of Finance , vol.60 , Issue.4 , pp. 2043-2082
    • Karceski, J.1    Ongena, S.2    Smith, D.C.3
  • 26
    • 53349118369 scopus 로고    scopus 로고
    • Tracing the impact of liquidity shocks: Evidence from an emerging market
    • Khwaja, A., and A. Mian. 2008. Tracing the Impact of Liquidity Shocks: Evidence from an Emerging Market. American Economic Review. 98:1413-42
    • (2008) American Economic Review. , vol.98 , pp. 1413-1442
    • Khwaja, A.1    Mian, A.2
  • 27
    • 0037261933 scopus 로고    scopus 로고
    • Estimating switching costs: The case of banking
    • DOI 10.1016/S1042-9573(02)00005-0
    • Kim, M., D. Kliger, and B. Vale. 2003. Estimating Switching Costs: The Case of Banking. Journal of Financial Intermediation 12:25-56. (Pubitemid 36445926)
    • (2003) Journal of Financial Intermediation , vol.12 , Issue.1 , pp. 25-56
    • Kim, M.1    Kliger, D.2    Vale, B.3
  • 28
    • 20444464754 scopus 로고
    • Competition when consumers have switching costs: An overview with applications to industrial organization, macroeconomics, and international trade
    • Klemperer, P. 1995. Competition When Consumers Have Switching Costs: An Overview with Applications to Industrial Organization, Macroeconomics, and International Trade. Review of Economic Studies 62:515-39.
    • (1995) Review of Economic Studies , vol.62 , pp. 515-539
    • Klemperer, P.1
  • 29
    • 70349459777 scopus 로고    scopus 로고
    • Estimating the Effect of Hierarchies on Information Use
    • Forthcoming
    • Mian, A., and J. Liberti. 2008. Forthcoming. Estimating the Effect of Hierarchies on Information Use. Review of Financial Studies. 22:4057-90
    • (2008) Review of Financial Studies , vol.22 , pp. 4057-4090
    • Mian, A.1    Liberti, J.2
  • 31
    • 0002898789 scopus 로고    scopus 로고
    • What determines the number of bank relationships? Cross-country evidence
    • Ongena, S., and D. Smith. 2000. What Determines the Number of Bank Relationships? Cross-Country Evidence. Journal of Financial Intermediation 9:26-56.
    • (2000) Journal of Financial Intermediation , vol.9 , pp. 26-56
    • Ongena, S.1    Smith, D.2
  • 33
    • 0002816909 scopus 로고    scopus 로고
    • Small business credit availability: How important is size of lender?
    • A. Saunders and I. Walters (eds.) . Homewood, IL: Irwin Publishing
    • Peek, J., and E. S. Rosengren. 1996. Small Business Credit Availability: How Important Is Size of Lender? In A. Saunders and I. Walters (eds.), Financial System Design: The Case for Universal Banking. Homewood, IL: Irwin Publishing.
    • (1996) Financial System Design: The Case for Universal Banking
    • Peek, J.1    Rosengren, E.S.2
  • 35
    • 84993914974 scopus 로고
    • The benefits from lending relationships: Evidence from small business data
    • Petersen, M. A., and R. G. Rajan. 1994. The Benefits from Lending Relationships: Evidence from Small Business Data. Journal of Finance 49:3-37.
    • (1994) Journal of Finance , vol.49 , pp. 3-37
    • Petersen, M.A.1    Rajan, R.G.2
  • 36
    • 84862244566 scopus 로고
    • The effect of credit market competition on lending relationships
    • -. 1995. The Effect of Credit Market Competition on Lending Relationships. Quarterly Journal of Economics 110:406-43.
    • (1995) Quarterly Journal of Economics , vol.110 , pp. 406-443
    • Petersen, M.A.1    Rajan, R.G.2
  • 37
    • 84977702514 scopus 로고
    • Insiders and outsiders: The choice between informed and arm's-length debt
    • Rajan, R. G. 1992. Insiders and Outsiders: The Choice between Informed and Arm's-Length Debt. Journal of Finance 47:1367-400.
    • (1992) Journal of Finance , vol.47 , pp. 1367-1400
    • Rajan, R.G.1
  • 38
    • 0011238685 scopus 로고    scopus 로고
    • The effects of banking mergers on loan contracts
    • Sapienza, P. 2002. The Effects of Banking Mergers on Loan Contracts. Journal of Finance 57:329-67. (Pubitemid 36931765)
    • (2002) Journal of Finance , vol.57 , Issue.1 , pp. 329-367
    • Sapienza, P.1
  • 40
    • 0008443175 scopus 로고    scopus 로고
    • Information production and capital allocation: Decentralized versus hierarchical firms
    • Stein, J. 2002. Information Production and Capital Allocation: Decentralized Versus Hierarchical Firms. Journal of Finance 57:1891-921. (Pubitemid 36932102)
    • (2002) Journal of Finance , vol.57 , Issue.5 , pp. 1891-1921
    • Stein, J.C.1
  • 41
    • 0001621456 scopus 로고    scopus 로고
    • Small business lending and the changing structure of the banking industry
    • PII S0378426698000107
    • Strahan, P. E., and J. P. Weston. 1998. Small Business Lending and the Changing Structure of the Banking Industry. Journal of Banking and Finance 22:821-45. (Pubitemid 128344721)
    • (1998) Journal of Banking and Finance , vol.22 , Issue.6-8 , pp. 821-845
    • Strahan, P.E.1    Weston, J.P.2
  • 42
    • 3242694457 scopus 로고    scopus 로고
    • Asymmetric information, bank lending and implicit contracts: The winner's curse
    • Von Thadden, E. 2004. Asymmetric Information, Bank Lending and Implicit Contracts: The Winner's Curse. Finance Research Letters 1:11-23.
    • (2004) Finance Research Letters , vol.1 , pp. 11-23
    • Von Thadden, E.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.