Greasing the wheels of bank lending: Evidence from private firms in China

By Yunling Chen, Ming Liu, Jun Su. 2013

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To what extent did the economic stimulus package influence bank lending and corporate investment decisions? Evidence from China (2018, background): “Existing evidence also suggests that the private sector survives mainly due to informal financing based on relationships (Allen et al., 2005; Chen et al., 2013), and banks use commercial judgements when deciding to extend credit to non-SOEs (Firth et al., 2009).”
Corruption and bank risk-taking: Evidence from emerging economies (2015, unknown): “7 In contrast, Chen et al. (2013) find that bribery enables more productive firms to be granted larger loans, consistent with the “grease” view of corruption.”