Commercial lending concentration and bank expertise: Evidence from borrower financial statements
Lending concentration features prominently in models of information acquisition by banks, but empirical evidence on its role is limited. Using bank-level loan exposures, we find banks are less likely to collect audited financial statements from firms in industries and regions in which they have more...
| Main Authors: | , , |
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| Other Authors: | |
| Format: | Article |
| Language: | English |
| Published: |
Elsevier BV,
2020-09-16T19:47:30Z.
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| Subjects: | |
| Online Access: | Get fulltext |