The informational role of ownership networks in bank lending
This paper documents novel large-sample evidence on the informational role of interfirm ownership networks in bank lending. Using comprehensive loan-level data in China, we find that banks internal loan ratings at issuance predict subsequent delinquent events more accurately when borrowers are conne...
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| Main Authors: | , , |
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| Other Authors: | |
| Format: | Article |
| Language: | English |
| Published: |
2022
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| Subjects: | |
| Online Access: | https://hdl.handle.net/10356/163941 |
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| Institution: | Nanyang Technological University |
| Language: | English |