Small Business Loan Turndowns, Personal Wealth, and Discrimination

By Ken S. Cavalluzzo, John D. Wolken. 2002

312 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Sociology and Political Science

View Paper: https://www.semanticscholar.org/paper/1ebd35812cf8f6d644769deab7be91e66f42b059

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

In Economics and Econometrics

In Sociology and Political Science

Citations in the corpus

Greater Access to Capital Is Needed to Unleash the Local Economic Development Potential of Minority-Owned Businesses (2013, methodology): “Studies based on the SSBF data unanimously answered this question affirmatively (Blanchard et al., 2008; Blanchflower, 2009; Blanchflower et al., 2003; Bostic & Lampani, 1999; Cavalluzzo & Wolken, 2005).”
How do female entrepreneurs perform? Evidence from three developing regions (2011, unknown): “In contrast several studies (Cavalluzzo and Cavalluzzo 1998, Blanchflower et al 2003, Storey 2004 and Cavalluzzo and Wolken 2005) find no statistically significant effect of gender in access to finance.”
Discrimination, Social Capital, and Financial Constraints: The Case of Viet Nam (2017, background): “Although several studies have attempted to address this problem (e.g., Cavalluzzo, Cavalluzzo, & Wolken, 2002; Cavalluzzo & Wolken, 2005), choice of instruments is still one of the key challenges.”
The gender gap in bank credit access (2019, unknown): “…to approximate it by control variables such as, age, experience, education, personal delinquency, personal bankruptcy, legal judgments, or personal wealth, as is usually done in the literature (Blanchflower et al., 2003; Cavalluzzo and Wolken, 2005; Cole and Mehran, 2009; Coleman and Robb, 2009).”
The latent demand for bank debt: characterizing “discouraged borrowers” (2012, background): “Because small businesses have so few assets, it is easier for banks to assess the financial strengths of the owner (Cavalluzzo and Wolken 2005).”
Gender Stereotypes and Venture Support Decisions: How Governmental Venture Capitalists Socially Construct Entrepreneurs’ Potential (2017, background): “…of studies found no significant relationship between gender and the probability of credit denial when controlling for firm, owner, and risk variables (Blanchflower, Levine, & Zimmerman, 2003; September, 2017 835 Cavalluzzo & Cavalluzzo, 1998; Cavalluzzo & Wolken, 2005; Treichel & Scott, 2012).”
Is Crowdfunding Different? Evidence on the Relation between Gender and Funding Success from a German Peer-to-Peer Lending Platform (2014, background): “Studies of traditional bank lending often report negative discrimination against female borrowers (see e.g. Blanchflower et al., 2003; Cavalluzzo et al., 2002; Cavalluzzo and Wolken, 2005; Muravyev et al., 2009; Peterson, 1981).”
Who Needs Credit and Who Gets Credit? Evidence from the Surveys of Small Business Finances (2016, unknown): “Previous studies (see, e.g., Cole 1998, 1999; Cavalluzzo et al. 2002; Coleman 2002; Blanchflower et al. 2003; Cole et al. 2004; Cavalluzzo and Wolken 2005; Chakravarty and Yilmazer 2009; Berger et al. 2011) have analyzed three of these four classifications (Discouraged, Approved, and Denied) but…”
Entrepreneurs' Gender and Financial Constraints: Evidence from International Data (2009, background): “For example, Cavalluzzo and Wolken (2005) pay particular attention to the role of entrepreneurs’ personal wealth in explaining loan denial rates.”
How does owners’ exposure to idiosyncratic risk influence the capital structure of private companies? (2008, unknown): “Cavalluzzo and Wolken (2002) also test whether personal wealth affects the availability of bank loans.”
Entrepreneurship, Economic Conditions, and the Great Recession (2013, unknown): “…Fairlie (1999), Johansson (2000), Taylor (2001), Zissimopoulos and Karoly (2003), Holtz-Eakin and Rosen (2005), Giannetti and Simonov (2004), Fairlie and Krashinsky (2010), and Nykvist (2005). owners personally liable for business debts (Avery, Bostic and Samolyk 1998, Cavalluzzo and Wolken 2005).”
Does a Manager's Gender Matter When Accessing Credit? Evidence from European Data (2017, background): “Although our finding supports the earlier results obtained from the US data (Blanchflower et al., 2003; Cavalluzzo and Cavalluzzo, 1998; Cavalluzzo and Wolken, 2005), it is incompatible with the conclusions reached by Muravyev et al.”