Creditor Rights, Enforcement, and Bank Loans

By Kee‐Hong Bae, Vidhan K. Goyal. 2009

521 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/892abcdf065749771809c73d883d137bbbd40a0a

How researchers see this paper

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

In Accounting

1. Francisco Rodríguez
2. V. Méndez

In Economics and Econometrics

1. Francisco Rodríguez
2. V. Méndez
3. Mark Carey
4. Mariassunta Giannetti
5. Luc Laeven

In Finance

1. Francisco Rodríguez
2. V. Méndez
3. Mark Carey
4. Mariassunta Giannetti
5. Luc Laeven

Citations in the corpus

• Creditor Rights and Capital Structure: Evidence from International Data (2014, unknown): “It is relatively recently that researchers begin to generate evidence of the role of creditor protection in corporate finance (e.g., Qian and Strahan, 2007; Bae and Goyal, 2009; Brockman and Unlu, 2009).”
• The voluntary adoption of International Financial Reporting Standards and loan contracting around the world (2011, unknown): “profitable (high-ROA) firms are offered small loans, consistent with the results in Bae and Goyal (2009). There is no indication that profitable firms are offered other more favorable”
• How Collateral Laws Shape Lending and Sectoral Activity (2016, unknown): “See, for example, Demirgüç-Kunt and Maksimovic (1998), Qian and Strahan (2007), Bae and Goyal (2009), and Liberti and Mian (2010).”
• Environmental regulation and the cost of bank loans: International evidence (2020, unknown): “38) Political Stability -0.388 -0.205 -0.397 -0.356 -0.251 -0.443 -0.777 -0.447 (-4.63) (-2.12) (-5.03) (-3.56) (-1.52) (-4.63) (-2.98) (-4.26) Anti-Corruption -0.022 -0.309 -0.133 -0.253 -0.211 -0.454 0.846 -0.073 (-0.17) (-2.49) (-1.14) (-1.94) (-0.90) (-3.45) (3.30) (-0.55) Constant 5.248 5.564 5”
• Bankruptcy law and bank financing (2016, unknown): “Plugging these values into (5) we obtain: R1(σ, 1) +R2(σ, 1) ≤ α[y1(σ) + y2] + λ(1)[L− y2] + λ(0)(1− α)y2.”
• Is the Corporate Loan Market Globally Integrated? A Pricing Puzzle (2004, background): “Other papers that empirically examine syndicated loans include Dennis and Mullineaux (2000), which studies syndicated loans in the U.S.; Bae and Goyal (2003) and Casolaro, Focarelli, and Pozzolo (2003), which examine the pricing of internationally syndicated loans; and Angbazo, Mei and Saunders…”
• Strategic Ownership Structure and the Cost of Debt (2012, unknown): “While the analysis of the role of creditor rights complements Qian and Strahan (2007) andBae and Goyal (2009), who use measures of private credit, the role of the level of bond market development (broadly defined) and information sharing is novel to our analysis.”