|
|
|
|
||||
|
||||
Loan Officers and Relationship Lending to SMEsHirofumi UchidaKobe University - Graduate School of Business Administration Gregory F. UdellIndiana University Bloomington - Department of Finance Nobuyoshi YamoriNagoya University - Department of Economics November 22, 2011 Journal of Financial Intermediation, Vol. 21, No. 1, 2012 Abstract: Previous research suggests that loan officers may play a critical role in relationship lending by producing soft information about SMEs. For the first time, we analyze this hypothesis and find empirical evidence that indicates that loan officer activities are associated with bank production of soft information. We also find that loan officers at small banks produce more soft information than at large banks, but large banks appear to have the equivalent potential to underwrite relationship loans. Nevertheless, large banks choose instead to focus their resources on transactions lending.
Keywords: Relationship lending, Small and medium-sized enterprises, Soft information, Hierarchical organizations JEL Classification: G21,L14,D82 Accepted Paper SeriesDate posted: December 12, 2011Suggested CitationContact Information
|
|
||||||||||||||||||||
© 2013 Social Science Electronic Publishing, Inc. All Rights Reserved.
FAQ
Terms of Use
Privacy Policy
Copyright
This page was processed by apollo7 in 0.297 seconds
