EconPapers    
Economics at your fingertips  
 

Bank Organization and Loan Contracting in Small Business Financing

Andrea Bellucci (), Alexander Borisov and Alberto Zazzaro ()
Additional contact information
Alexander Borisov: University of Cincinnati, USA and MoFiR, Italy

CSEF Working Papers from Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy

Abstract: Academic research recognizes that the organizational structure of banks could have implications for the financing of small businesses and entrepreneurial firms. In this chapter, we start by reviewing the underlying theoretical motivation and then summarize existing evidence. Overall, it is confirmed that the organization of lending institutions is important for the use and transmission of information, as well as credit availability for small businesses. Moreover, using a unique dataset of bank loans, we empirically document that loan contract characteristics such as interest rates and collateral requirements are sensitive to the hierarchical allocation of decision-making authority within the bank’s organization. JEL Classification:

Keywords: Bank organization structure; Authority allocation; Small business financing (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-ban, nep-cta and nep-ent
Date: 2016-01-11
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Forthcoming in Entrepreneurial Finance: Managerial and Policy Implications, Na Dai and Donald Siegel (eds.), Hackensack, New Jersey, USA: World Scientific Publishing

Downloads: (external link)
http://www.csef.it/WP/wp424.pdf (application/pdf)

Related works:
Working Paper: Bank Organization and Loan Contracting in Small Business Financing (2016) Downloads
Working Paper: Bank Organization and Loan Contracting in Small Business Financing (2016) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sef:csefwp:424

Access Statistics for this paper

More papers in CSEF Working Papers from Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy Contact information at EDIRC.
Bibliographic data for series maintained by Lia Ambrosio ().

 
Page updated 2019-11-04
Handle: RePEc:sef:csefwp:424