The Effect of Banking Crisis on Bank-Dependent Borrowers

By Sudheer Chava, Amiyatosh Purnanandam. 2011

623 citations recorded by the source corpus.

Subfields: Finance

View Paper: https://www.semanticscholar.org/paper/482a8a50749079ee115e3c19d8badaf58d574efc

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Citations in the corpus

Multinational banks and the global financial crisis: Weathering the perfect storm? (2014, background): “Chava and Purnanandam (2011) find similar evidence for U.S. banks.”
Credit-Induced Boom and Bust (2017, neutral): “But this approach too is problematic, insofar as changes in the availability of credit in counties with a large proportion of national 9Recent research finds that firms are not fully able to recover the lost capital when their bank decreases commercial lending, see for instance Khwaja and Mian (2008”
Self-Fulfilling Credit Market Freezes (2011, background): “While direct lending by the government to nonfinancial borrowers can address certain problems resulting from coordination failure among banks, it forgoes the benefits of expert screening of such borrowers by private parties.”
Selection Bias and Econometric Remedies in Accounting and Finance Research (2011, neutral): “55]; Kirk [2010]; Mclnnis and Collins [2010]; Chava and Purnanandam [2011]).”
Internal Capital Markets in Times of Crisis: The Benefit of Group Affiliation* (2019, neutral): “Such shocks can stem from exposure to losses in real estate lending, trading (Chava and Purnanandam, 2011), sovereign debt (Popov and van Horen, 2015; De Marco, 2019), or changes in regulation (Aiyar et al.”
Corporate Debt Maturity and the Real Effects of the 2007 Credit Crisis (2011, background): “Related papers that do not look at the current crisis are Chava and Purnanandam (2011) and Lemmon and Roberts (2010). Chava and Purnanandam examine the effects of the 1998 Brazil-Russia-LTCM crisis on corporate valuation.”
When Credit Dries Up: Job Losses in the Great Recession (2013, neutral): “A first strand of papers exploits the heterogeneous impact of large external shocks to banks in the US (e.g. Chava and Purnanandam, 2011, or Benmelech et al., 2012).”
Universal Banks and Corporate Control: Evidence from the Global Syndicated Loan Market (2012, background): “Chava and Purnanandam (2010) suggest that rated firms are likely to be less bank-dependent as they have access to public debt markets.”
Investment and the Weighted Average Cost of Capital (2016, neutral): “Recent examples include Chava and Purnanandam (2010), Hou et al.”