Distance, Lending Relationships and Competition

By Hans Degryse, Steven R. G. Ongena. 2005

217 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/a2bbec2f2f0863efaa71bd9c29501462b1d6cf09

Citations in the corpus

• Do Banks Benefit from Internationalization? Revisiting the Market Power-Risk Nexus (2013, unknown): “If monitoring and information costs are high, bank risk might increase, in particular when banks are active in geographically distant markets (Degryse and Ongena, 2005).”
• Ownership: Evolution and Regulation (2009, unknown): “27 There is a growing literature on the relevance of distance to banking (Degryse and Ongena (2005) and Petersen and Rajan (1994) and (2002)), securities markets participation (Grinblatt and Keloharju (2001), Hong, Kubik and Stein (2004)), and financial development (Guiso, Sapienza and Zingales…”
• Institutions, ownership structures, and distress resolution in China☆ (2013, unknown): “As a result, debtors in emerging markets typically have greater bargaining power than their counterparts in developed markets (Degryse and Ongena, 2005; Dinc, 2005; Petersen and Rajan, 1994).”
• Competition and regulation in the banking sector: A review of the empirical evidence on the sources of bank rents (2007, unknown): “Theory offers conflicting views on the relation between interbank competition and bank orientation (relationship versus transactional banking) and specialization (see also Degryse and Ongena (2005b)).”
• Distance Still Matters: Evidence from Municipal Bond Underwriting (2002, unknown): “be able to exploit their locational advantage by charging higher rates to borrowers that are geographically more proximate ( Degryse and Ongena, 2005 ), I find precisely the opposite for investment banks.”
• How do lending relationships affect access to credit and loan conditions in microlending (2011, unknown): “7 Other measures for the length and intensity of the relationship used in the literature are the amount of different banking services offered and requested (Petersen and Rajan, 1994), the distance between bank and borrower in miles/kilometers (Degryse and Ongena, 2005; Agarwal and Hauswald, 2007), w”
• Lending Relationships and Information Rents: Do Banks Exploit Their Information Advantages? (2010, unknown): “Degryse and Ongena (2005) show that loan rates decrease with the distance between the firm and the lending bank, and increase with the distance between the firm and competing banks.28 Whether the relation between the interest rates that a borrower pays and the intensity of the lending relationship…”
• A Lender-Based Theory of Collateral (2007, unknown): “Though loan officers were required to “harden” their assessment internally by supplying key statistics and other relevant written information, much local discretion remained” (Degryse and Ongena (2003)).”
• Switching Costs in Local Credit Markets (2011, unknown): “Rajan, 2002, for the USA and Degryse and Ongena, 2005, for the Belgian loan market).”
• Credit Line Usage, Checking Account Activity, and Default Risk of Bank Borrowers (2010, unknown): “Because the previous findings may be sensitive to characteristics of the bank-borrower relationship, we extend our analysis by considering two key variables that are frequently used in related studies such as those by Berger and Udell (1995), Petersen and Rajan (2002), and Degryse and Ongena (2005).”
• Bouncing out of the banking system: An empirical analysis of involuntary bank account closures. (2012, unknown): “Consistent with prior studies on bank credit decisions (Agarwal and Hauswald 2007, DeGryse and Ongena 2005), “local” banks with substantial customer knowledge may be more likely to show forbearance than would national, or multi-market, banks with neither knowledge of nor a vested interest in a…”
• Drivers behind the monitoring effectiveness of global institutional investors: Evidence from earnings management (2016, unknown): “For example, Lerner (1995) and Degryse and Ongena (2005) argue that transportation costs influence the number of on-site visits that can be made by monitors.”