Groups, Pricing, and Cost of Debt: Evidence from Turkey

The paper examines the impact of business group affiliation on cost of loans in an emerging market setting. It focuses on operational strategy, organizational structure and internationalization policies of business group firms and their impact on borrowing cost of affiliated firms. Bank loans are a...

Full description

Bibliographic Details
Main Authors: A. Melih Küllü, Steven Raymar
Format: Article
Language:English
Published: MDPI AG 2018-03-01
Series:Journal of Risk and Financial Management
Subjects:
Online Access:http://www.mdpi.com/1911-8074/11/1/14