Financial Distress and Bank Lending Relationships
نویسندگان
چکیده
منابع مشابه
Financial Distress and Bank Lending Relationships
One of the most important risks faced by a bank is that of loan default by its borrowers. Existing literature has documented the negative announcement-period returns for lending banks when a big sovereign borrower announces a moratorium on its bank loans. In contrast, little research has been undertaken that analyzes bank shareholder wealth effects when a major corporate borrower declares defau...
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ژورنال
عنوان ژورنال: The Journal of Finance
سال: 2003
ISSN: 0022-1082
DOI: 10.1111/1540-6261.00528