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The case against secured lending


  • Hudson, John


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  • Hudson, John, 1995. "The case against secured lending," International Review of Law and Economics, Elsevier, vol. 15(1), pages 47-63, January.
  • Handle: RePEc:eee:irlaec:v:15:y:1995:i:1:p:47-63

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    References listed on IDEAS

    1. Lummer, Scott L. & McConnell, John J., 1989. "Further evidence on the bank lending process and the capital-market response to bank loan agreements," Journal of Financial Economics, Elsevier, vol. 25(1), pages 99-122, November.
    2. Webb, David C, 1991. "An Economic Evaluation of Insolvency Procedures in the United Kingdom: Does the 1986 Insolvency Act Satisfy the Creditors' Bargain?," Oxford Economic Papers, Oxford University Press, vol. 43(1), pages 139-157, January.
    3. Scott, James H, Jr, 1977. "Bankruptcy, Secured Debt, and Optimal Capital Structure," Journal of Finance, American Finance Association, vol. 32(1), pages 1-19, March.
    4. Orgler, Yair E, 1970. "A Credit Scoring Model for Commercial Loans," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 2(4), pages 435-445, November.
    5. Berger, Allen N. & Udell, Gregory F., 1990. "Collateral, loan quality and bank risk," Journal of Monetary Economics, Elsevier, vol. 25(1), pages 21-42, January.
    6. Fama, Eugene F., 1985. "What's different about banks?," Journal of Monetary Economics, Elsevier, vol. 15(1), pages 29-39, January.
    7. Hester, Donald D, 1979. "Customer Relationships and Terms of Loans: Evidence from a Pilot Survey: A Note," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 11(3), pages 349-357, August.
    8. Hudson, John, 1992. "The impact of the new bankruptcy code upon the average liability of bankrupt firms," Journal of Banking & Finance, Elsevier, vol. 16(2), pages 351-371, April.
    9. Black, Fischer, 1975. "Bank funds management in an efficient market," Journal of Financial Economics, Elsevier, vol. 2(4), pages 323-339, December.
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    Cited by:

    1. Clas Bergström & Theodore Eisenberg & Stefan Sundgren, 2004. "On the Design of Efficient Priority Rules for Secured Creditors: Empirical Evidence from A Change in Law," European Journal of Law and Economics, Springer, vol. 18(3), pages 273-297, December.
    2. Alan Schwartz, "undated". "A Normative Theory of Business Bankruptcy," American Law & Economics Association Annual Meetings 1037, American Law & Economics Association.
    3. van 't Veld, Klaas T. & Rausser, Gordon C. & Simon, Leo K., 2000. "Fitting the glass slipper: optimal capital structure in the face of liability," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt5nb497vk, Department of Agricultural & Resource Economics, UC Berkeley.

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