HOW BANKING MARKET COMPETITION AND BANK RELATIONSHIPS AFFECT SMALL FIRM LIQUIDITY

This article aims to investigate the effects of relationship banking and market rivalry on small firm liquidity. Our major objective is determine how bank concentration affect three crucial acts business liquidity (cash funds, line-ups credit, employment credit), both separately collectively. Due their significance for ’s profitability, value, sustainability, we concentrate cash assets (Harford et al., 2008; Mach Wolken, 2011). Despite this, there have been just two prior studies holdings that are aware (Garca-Teruel Martnez-Solano, Faulkender, 2002). Likewise, even though credit lines remain also a shared source liquidness (Sufi, 2009), previous findings normally aimed line practice by large businesses (Acharya 2013).