Determinants of Bank Loan Availability: Evidence From Pakistani Non-Financial Firms

Jaleel Ahmed and Jaweria Khalid

Romanian Economic Journal, 2016, vol. 18, issue 59, 61-72

Abstract: In this research paper we have investigated the key factors which make it easier for non-financial firms to arrange financing from commercial banks. We have collected the data from the year 2001 to 2011 from 220 non-financial firms in Pakistan. We have used two measures of firm-bank relationship. First, if a non-financial firm has a board of director who is at the same time board of director of a commercial bank. Second, if a commercial bank has an equity stake in a non-financial firm. After using Fixed Effect model we have found that firm-bank relationships always matter for arranging bank loan for non-financial firms in Pakistan.

Keywords: Commercial Banks; Bank loan availability; Non-financial firms; Pakistani stock market (search for similar items in EconPapers)
JEL-codes: G21 G30 (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:rej:journl:v:18:y:2016:i:59:p:61-72

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