Do Bank Loan Relationships Still Matter?

Topics:
Commercial Banking,
Investment and Capital Markets
Tags:
Bank,
Financial Services,
Idaho State University
Source:
Idaho State University

FREE Registration is required

Overview: This paper discovers that bank loan announcement abnormal returns have diminished considerably since 1980. Indeed, bank loan announcements produced no statistically significant abnormal returns over the 1996-2000 periods. These results are consistent with the argument that increasing competition in financial markets has reduced the value of bank loan relationships. The paper also finds that loan announcement returns are more likely to be positive for syndicated loans, and in periods of high credit risk spreads.

(Is this item miscategorized? Does it need more tags? Let us know.)

Format: PDF | Size: 158KB | Date: Sep 2002 | Pages: 29

People who downloaded this item also downloaded

White Paper Improving Online Banking Authentication
White Paper Syndicated Loans Resemble Shared Taxis
White Paper Are Bank Loan Ratings Relevant?
White Paper A Theory of Loan Syndication
White Paper The Growing Importance of Leveraged Loans

Top results from Commercial Banking

White Paper Undressing In Public: Harnessing The Power Of Web 2.0 To Rebuild Trust In Banking
White Paper Do Banks Strategically Time Public Bond Issuance Because of Accompanying Disclosure, Due Diligence, and Investor Scrutiny?
White Paper Nationwide Branching and its Impact on Market Structure, Quality and Bank Performance
White Paper Does Bank Lending Affect Output? Evidence from the U.S. States
White Paper Market Structure and Quality: An Application to the Banking Industry

» View all Commercial Banking listings

advertisement
advertisement
  • Click Here
  • Click Here
  • Click Here
advertisement

Returning users: Log In Here!

Already registered on BNET, TechRepublic, or ZDNet? Simply log in.

Free Membership: Sign Up Now!

Sign up for a free membership today and get instant and unlimited access to one of the largest databases of white papers, webcasts, and casestudies anywhere. Your FREE membership allows you to:

  • Download an unlimited amount of content, including classic and current white papers, case studies, webcasts and more
  • Track content on your chosen topics of interest
  • Receive targeted email alerts when your favorite content is added
  • Save content for future reading
  • Receive our member newsletter

When you register to access this directory, you become a member of BNET. In addition, you allow us to share your information with companies that produce products or services featured in the library--so that such companies may contact you with information and offers regarding their products and services. This enables us to keep the library a free service. As a directory registrant, you will receive a complimentary subscription to the BNET member newsletter, The BNET Report. You can unsubscribe from this newsletter at any time. By clicking the Sign up button, you indicate that you agree to our Terms and Conditions and have read and understand our Privacy Policy (updated).