메뉴 건너뛰기




Volumn 9, Issue 1, 2013, Pages 90-104

Bank-firm relations and the role of Mutual Guarantee Institutions at the peak of the crisis

Author keywords

Asymmetric information; Bank firm relationships; Credit guarantee schemes; Financial crisis; Peer monitoring; Small business finance

Indexed keywords


EID: 84875402305     PISSN: 15723089     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jfs.2012.03.003     Document Type: Article
Times cited : (39)

References (34)
  • 2
    • 0038465465 scopus 로고    scopus 로고
    • How costly is financial (not economic) distress? Evidence from highly leveraged transactions that became distressed
    • Andrade G., Kaplan S.N. How costly is financial (not economic) distress? Evidence from highly leveraged transactions that became distressed. Journal of Finance 1998, 53:1443-1495.
    • (1998) Journal of Finance , vol.53 , pp. 1443-1495
    • Andrade, G.1    Kaplan, S.N.2
  • 3
    • 0040093583 scopus 로고    scopus 로고
    • Availability and cost of credit for small businesses: customer relationships and credit cooperatives
    • Angelini P., Di Salvo R., Ferri G. Availability and cost of credit for small businesses: customer relationships and credit cooperatives. Journal of Banking and Finance 1998, 22:925-954.
    • (1998) Journal of Banking and Finance , vol.22 , pp. 925-954
    • Angelini, P.1    Di Salvo, R.2    Ferri, G.3
  • 7
    • 33750012864 scopus 로고    scopus 로고
    • A more complete conceptual framework for SME finance
    • Berger A.N., Udell G.F. A more complete conceptual framework for SME finance. Journal of Banking and Finance 2006, 30:2945-2966.
    • (2006) Journal of Banking and Finance , vol.30 , pp. 2945-2966
    • Berger, A.N.1    Udell, G.F.2
  • 8
    • 0000262432 scopus 로고    scopus 로고
    • On the profitability and cost of relationship lending
    • Berlin M., Mester L.J. On the profitability and cost of relationship lending. Journal of Banking and Finance 1998, 22:873-897.
    • (1998) Journal of Banking and Finance , vol.22 , pp. 873-897
    • Berlin, M.1    Mester, L.J.2
  • 9
  • 10
    • 84875386178 scopus 로고    scopus 로고
    • The transmission of the global financial crisis to the Italian economy
    • 2008-2010. Occasional Papers, No. 64. Bank of Italy
    • Caivano, M., Rodano, R., Siviero, S., 2010. The transmission of the global financial crisis to the Italian economy. A counterfactual analysis, 2008-2010. Occasional Papers, No. 64. Bank of Italy.
    • (2010) A counterfactual analysis
    • Caivano, M.1    Rodano, R.2    Siviero, S.3
  • 11
    • 84860273449 scopus 로고    scopus 로고
    • Off the cliff and back? Credit conditions and international trade during the global financial crisis
    • Chor, D., Manova, K. Off the cliff and back? Credit conditions and international trade during the global financial crisis. Journal of International Economics, , forthcoming. doi:10.1016/j.jinteco.2011.04.001.
    • Journal of International Economics, forthcoming
    • Chor, D.1    Manova, K.2
  • 12
    • 75449100184 scopus 로고    scopus 로고
    • The effects of mutual guarantee consortia on the quality of bank lending
    • Columba F., Gambacorta L., Mistrulli P.E. The effects of mutual guarantee consortia on the quality of bank lending. Revue Bancaire et Financière 2009, 4:226-232.
    • (2009) Revue Bancaire et Financière , vol.4 , pp. 226-232
    • Columba, F.1    Gambacorta, L.2    Mistrulli, P.E.3
  • 14
    • 0003986185 scopus 로고    scopus 로고
    • The impact of bank-firm relations on the propagation of monetary policy squeezes: an empirical assessment for Italy
    • Conigliani C., Ferri G., Generale A. The impact of bank-firm relations on the propagation of monetary policy squeezes: an empirical assessment for Italy. BNL Quarterly Review 1997, 50:271-299.
    • (1997) BNL Quarterly Review , vol.50 , pp. 271-299
    • Conigliani, C.1    Ferri, G.2    Generale, A.3
  • 15
    • 47749120440 scopus 로고
    • Financial intermediation and delegated monitoring
    • Diamond D.W. Financial intermediation and delegated monitoring. The Review of Economic Studies 1984, 51(3):393-414.
    • (1984) The Review of Economic Studies , vol.51 , Issue.3 , pp. 393-414
    • Diamond, D.W.1
  • 16
    • 0007667366 scopus 로고    scopus 로고
    • Banks, short-term debt and financial crises: theory, policy implications and applications
    • Diamond D.W., Rajan R.G. Banks, short-term debt and financial crises: theory, policy implications and applications. Carnegie-Rochester Conference Series on Public Policy 2001, 54:37-71.
    • (2001) Carnegie-Rochester Conference Series on Public Policy , vol.54 , pp. 37-71
    • Diamond, D.W.1    Rajan, R.G.2
  • 18
    • 0001533965 scopus 로고    scopus 로고
    • Is relationship lending special? Evidence from credit-file data in Germany
    • Elsas R., Krahnen J.P. Is relationship lending special? Evidence from credit-file data in Germany. Journal of Banking and Finance 1998, 22:1283-1316.
    • (1998) Journal of Banking and Finance , vol.22 , pp. 1283-1316
    • Elsas, R.1    Krahnen, J.P.2
  • 22
    • 84890663370 scopus 로고    scopus 로고
    • Princeton University Press, Princeton
    • Hayashi F. Econometrics 2000, Princeton University Press, Princeton.
    • (2000) Econometrics
    • Hayashi, F.1
  • 23
    • 33845329141 scopus 로고    scopus 로고
    • Informed finance and technological change: evidence from credit relationship
    • Herrera A.M., Minetti R. Informed finance and technological change: evidence from credit relationship. Journal of Financial Economics 2007, 83:223-269.
    • (2007) Journal of Financial Economics , vol.83 , pp. 223-269
    • Herrera, A.M.1    Minetti, R.2
  • 24
    • 75449114250 scopus 로고    scopus 로고
    • Partial credit guarantees: principles and practice
    • Honohan P. Partial credit guarantees: principles and practice. Journal of Financial Stability 2010, 6:1-9.
    • (2010) Journal of Financial Stability , vol.6 , pp. 1-9
    • Honohan, P.1
  • 25
    • 0002432433 scopus 로고
    • The role of banks in reducing the cost of financial distress in Japan
    • Hoshi T., Kashyap A., Scharfstein D.S. The role of banks in reducing the cost of financial distress in Japan. Journal of Financial Economics 1990, 27(1):67-88.
    • (1990) Journal of Financial Economics , vol.27 , Issue.1 , pp. 67-88
    • Hoshi, T.1    Kashyap, A.2    Scharfstein, D.S.3
  • 27
    • 0030160320 scopus 로고    scopus 로고
    • Japanese firms in financial distress and main banks: analyses of interest-rate premia
    • Kawai M., Hashimoto J., Izumida S. Japanese firms in financial distress and main banks: analyses of interest-rate premia. Japan and the World Economy 1996, 8:175-194.
    • (1996) Japan and the World Economy , vol.8 , pp. 175-194
    • Kawai, M.1    Hashimoto, J.2    Izumida, S.3
  • 30
    • 84977702514 scopus 로고
    • Insiders and outsiders: the choice between informed and arm's-length debt
    • Rajan R.G. Insiders and outsiders: the choice between informed and arm's-length debt. Journal of Finance 1992, 47(4):1367-1400.
    • (1992) Journal of Finance , vol.47 , Issue.4 , pp. 1367-1400
    • Rajan, R.G.1
  • 31
    • 0001213058 scopus 로고    scopus 로고
    • Instrument relevance in multivariate linear models: a simple measure
    • Shea J. Instrument relevance in multivariate linear models: a simple measure. Review of Economics and Statistics 1997, 79:348-352.
    • (1997) Review of Economics and Statistics , vol.79 , pp. 348-352
    • Shea, J.1
  • 32
    • 0000342340 scopus 로고
    • Credit rationing in markets with imperfect information
    • Stiglitz J.E., Weiss A.M. Credit rationing in markets with imperfect information. American Economic Review 1981, 71:393-410.
    • (1981) American Economic Review , vol.71 , pp. 393-410
    • Stiglitz, J.E.1    Weiss, A.M.2
  • 33
    • 0036790491 scopus 로고    scopus 로고
    • A survey of weak instruments and weak identification in generalized method of moments
    • Stock J.H., Wright J.H., Yogo M. A survey of weak instruments and weak identification in generalized method of moments. Journal of Business & Economic Statistics 2002, 20:518-529.
    • (2002) Journal of Business & Economic Statistics , vol.20 , pp. 518-529
    • Stock, J.H.1    Wright, J.H.2    Yogo, M.3


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.