Business collateral and personal commitments in SME lending

By Wim Voordeckers, Tensie Steijvers. 2006

239 citations recorded by the source corpus.

Subfields: Accounting, Organizational Behavior and Human Resource Management

View Paper: https://www.semanticscholar.org/paper/8fc161a8f55563a4e26ae3efd5b8999b5f81bea3

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In Accounting

In Organizational Behavior and Human Resource Management

Citations in the corpus

Determinants of capital structure in Irish SMEs (2010, background): “…evidence of the personal commitment of small business owners in securing business loans outlined by Cressy 1993; Black et al. 1996; Avery et al. 1998; Voordeckers & Steijvers 2006, and explains the provision of debt finance to start-up and nascent firms (Fluck et al. 1998; Berger & Udell 1998).”
Collateral, relationship lending and family firms (2010, background): “On the contrary, Voordeckers and Steijvers (2006) found for a sample of small private firms that family ownership increases the likelihood of collateral.”
COLLATERAL AND CREDIT RATIONING: A REVIEW OF RECENT EMPIRICAL STUDIES AS A GUIDE FOR FUTURE RESEARCH (2009, unknown): “However, most empirical studies suggest that the probability of pledging collateral increases when the loan is granted by the main bank (e.g. Machauer and Weber, 1998; Degryse and Van Cayseele, 2000; Elsas and Krahnen, 2000; Lehmann and Neuberger, 2001; Hernández-Cánovas and Martı́nez-Solano, 2006; ”
Why Do Borrowers Pledge Collateral? New Empirical Evidence on the Role of Asymmetric Information (2011, unknown): “…it is found to be positive (e.g., Machaer and Weber 1998, Elsas and Krahnen 2000, Ono and Uesegi 2005); while a third set of studies finds mixed signs (e.g., Degryse and van Cayseele 2000, Jiminez, Salas, and Saurina 2006, Menkhoff, Neuberger, and Suwanaporn 2006, Voordeckers and Steijvers 2006).”
Socioemotional Wealth and Earnings Management in Private Family Firms (2010, background): “When taking the risk of being confronted with reduced economic performance, however, family firms at the same time create agency costs for important nonfamily stakeholders such as lenders (Steijvers & Voordeckers, 2009; Voordeckers & Steijvers, 2006).”
Small and medium-size enterprises: Access to finance as a growth constraint (2006, background): “Competition can also have important implications for how much collateral firms have to provide, as Voordecker (2006) shows for a sample of borrowers of a large Belgian bank.”
Financing Decisions in Family Businesses: A Review and Suggestions for Developing the Field (2017, background): “(2008) Equity Asymmetric information between shareholders Supply FB/NFB Italy Voordeckers and Steijvers (2006) Debt Asymmetric information between shareholders and bondholders Supply FB/NFB Belgium Waisman (2013) Debt Asymmetric information between shareholders and bondholders Supply FB/NFB…”