Business Aggression, Institutional Loans, and Credit Crisis: Evidence from Lending Practices in Leveraged Buyouts

This paper investigates the lending practices related to leverage buyouts (LBOs) market between high and low write-down institutions. The write-downs, which are a proxy for business aggression of institutions, are mainly related to credit crisis from the beginning of 2007 to August 10, 2008. We find...

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Bibliographic Details
Main Authors: CAO, Xiaping Jerry, Song, Wei-Ling, MASON, JOE
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2009
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Online Access:https://ink.library.smu.edu.sg/lkcsb_research/1815
https://ink.library.smu.edu.sg/context/lkcsb_research/article/2814/viewcontent/LendingandLBOLoans.pdf
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Institution: Singapore Management University
Language: English