Bank Borrowers and Loan Sales: New Evidence on the Uniqueness of Bank Loans
By Sandeep Dahiya, Manju Puri, Anthony Saunders. 2003
179 citations recorded by the source corpus.
View Paper: https://www.semanticscholar.org/paper/ed9a5d7d0e6e0643e75e383869331f9757fbbf7b
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
- René M. Stulz
- Rohan Williamson
- Bernadette A. Minton
- Gayle DeLong
- Amir Sufi
- Linda Allen
- Anthony Saunders
- Thorsten Beck
Citations in the corpus
- Asymmetric Information Effects on Loan Spreads (2009, background): “Additional supporting evidence can be found in work on loan sales by Dahiya, Puri, and Saunders (2003) and Drucker and Puri (2006), Ivashina and Sun (2007).”
- So What Do I Get? The Bank's View of Lending Relationships (2007, methodology): “We separate our equity issuers into IPO and SEO subsamples as the prior investment banking relationships are not meaningful for the IPO sample since the issuer is conducting its first sale of securities in the public market.(16) However, both IPO and SEO issuers can have prior lending relationships.”
- How Much Do Banks Use Credit Derivatives to Hedge Loans? (2009, background): “Dahiya et al. (2003) show that the announcement by a bank of a loan sale has an adverse impact on the borrower’s stock price.”
- Building Relationships Early: Banks in Venture Capital (2008, unknown): “The importance of funding is diminishing, as witnessed by the enormous growth in securitization and loan sales (see e.g., James, 1988; Dahiya, et. al., 2002).”
- Information Asymmetry and Financing Arrangements: Evidence from Syndicated Loans (2007, background): “Second, as Dahiya, Puri, and Saunders (2003) demonstrate, the market for loan sales has developed into a market for mostly distressed debt.”
- Moral hazard and adverse selection in the originate-to-distribute model of bank credit (2009, unknown): “We follow the procedure of Daniel et al. (1997), Cornett et al.”
- Issues in the Credit Risk Modeling of Retail Markets (2004, background): “Dahiya et al. (2001) show that the market reacts negatively when a bank sells a loan in its portfolio.”