The effects of government ownership on bank lending

By Paola Sapienza. 2004

1,364 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/cb1fcf02ec2039696c24ab1c2e3f3e861fb1d249

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Citations in the corpus

Political connections and the cost of equity capital (2012, neutral): “Examples of these benefits include being able to borrow on preferential terms from state-owned banks (e.g., Sapienza, 2004; Dinç, 2005; Charumilind et al., 2006), and government sponsored bailouts (Faccio et al., 2006).”
Investigating Diversity in the Banking Sector in Europe: The Performance and Role of Savings Banks (2009, background): “In a more direct manner to influence the operations of savings banks, the public authorities started placing their representatives into the savings banks during the 1950s, effectively politicising the provision of credit (Barca & Trento, 1997; Sapienza, 2004).”
Financial Repression in the European Sovereign Debt Crisis (2017, neutral): “(i) Government ownership Direct government ownership of banks has been shown to influence banks’ investment decisions (e.g., Barth, Caprio, and Levine, 2001; La Porta, Lopez-de-Silanes, and Shleifer, 2002; and Sapienza, 2004).”
Bank Ownership and Efficiency in China: What will Happen in the World's Largest Nation? (2009, neutral): “1 See Stulz (2005) and Kho et al.”
The impact of government ownership on bank risk (2013, positive): “Sapienza (2004) examines the lending behavior of Italian GOBs and finds that they mostly favor borrowers located in depressed areas, consistent with the social view.”
The Cost of Banking Regulation (2006, neutral): “The overall effect is that after deregulation the provinces that were more penalized by the restrictions in competition experience a higher-than-normal aggregate growth rate.”
China's Banking Reform: An Assessment of its Evolution and Possible Impact (2006, neutral): “5 The problem of government intervention has been well-documented in La Porta, LópezDe-Silanes and Shleifer (2002) and Sapienza (2004). Source: Bankscope Operating income/assets in 2003”
Bank Ownership and Credit Over the Business Cycle: Is Lending by State Banks Less Procyclical? (2012, neutral): “…country level studies also sh w that politicians use government bank 4 lending to provide political patronage leading to significant credit misallocation (See for example Cole (2009) for India, Khwaja and Mian (2005) for Pakistan, Carvalho (2010) for Brazil, and Sapienza (2004) for Italy).”
What Do State-Owned Development Banks Do? Evidence from BNDES, 2002–09 (2015, background): “Sapienza (2004) shows that, in Italy, the performance of the ruling party in elections affects the lending behavior of state-owned banks.”
Low-Carbon City Construction and Corporate Carbon Reduction Performance: Evidence From a Quasi-Natural Experiment in China (2021, methodology): “From Sapienza (2004), we can encode Loanstate as 1 if one or more loans are gotten by a firm from a state-owned bank, or else we encode it as 0.”