Is lending distance really changing? Distance dynamics and loan composition in small business lending
Author
Abstract
Suggested Citation
DOI: 10.1016/j.jbankfin.2023.107006
Download full text from publisher
As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.
Other versions of this item:
- Robert M. Adams & Kenneth P. Brevoort & John C. Driscoll, 2021. "Is Lending Distance Really Changing? Distance Dynamics and Loan Composition in Small Business Lending," Finance and Economics Discussion Series 2021-011, Board of Governors of the Federal Reserve System (U.S.).
References listed on IDEAS
- Hans Degryse & Steven Ongena, 2005.
"Distance, Lending Relationships, and Competition,"
Journal of Finance, American Finance Association, vol. 60(1), pages 231-266, February.
- Hans Degryse & Steven Ongena, 2002. "Distance, Lending Relationships, and Competition," CSEF Working Papers 80, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
- Degryse, H.A. & Ongena, S., 2002. "Distance, Lending Relationships and Competition," Other publications TiSEM 122f97cc-f8b2-4b3b-9351-9, Tilburg University, School of Economics and Management.
- Degryse, H.A. & Ongena, S., 2002. "Distance, Lending Relationships and Competition," Discussion Paper 2002-16, Tilburg University, Center for Economic Research.
- Degryse, H.A. & Ongena, S., 2003. "Distance, Lending Relationships, and Competition," Other publications TiSEM eb89e625-09a5-4385-b973-f, Tilburg University, School of Economics and Management.
- Degryse, H.A. & Ongena, S., 2003. "Distance, Lending Relationships, and Competition," Discussion Paper 2003-123, Tilburg University, Center for Economic Research.
- Arnoud W. A. Boot & Anjan V. Thakor, 2000.
"Can Relationship Banking Survive Competition?,"
Journal of Finance, American Finance Association, vol. 55(2), pages 679-713, April.
- Boot, Arnoud W A & Thakor, Anjan, 1997. "Can Relationship Banking Survive Competition?," CEPR Discussion Papers 1592, C.E.P.R. Discussion Papers.
- João Granja & Christian Leuz & Raghuram G. Rajan, 2022.
"Going the Extra Mile: Distant Lending and Credit Cycles,"
Journal of Finance, American Finance Association, vol. 77(2), pages 1259-1324, April.
- João Granja & Christian Leuz & Raghuram Rajan, 2018. "Going the Extra Mile: Distant Lending and Credit Cycles," NBER Working Papers 25196, National Bureau of Economic Research, Inc.
- Berger, A.N. & Goldberg, L.G. & White, L.J., 2001.
"The Effects of Dynamic Change in Bank Competition on the Supply of Small Business Credit,"
New York University, Leonard N. Stern School Finance Department Working Paper Seires
01-07, New York University, Leonard N. Stern School of Business-.
- Allen N.Berger & Lawrence G. Goldberg & Lawrence J. White, 2001. "The Effects of Dynamic Changes in Bank Competition on the Supply of Small Business Credit," Working Papers 01-07, New York University, Leonard N. Stern School of Business, Department of Economics.
- Allen N. Berger & Lawrence G. Goldberg & Lawrence J. White, 2001. "The effects of dynamic changes in bank competition on the supply of small business credit," Finance and Economics Discussion Series 2001-35, Board of Governors of the Federal Reserve System (U.S.).
- Berger, Allen N. & Black, Lamont K., 2011. "Bank size, lending technologies, and small business finance," Journal of Banking & Finance, Elsevier, vol. 35(3), pages 724-735, March.
- Cole, Rebel A. & Goldberg, Lawrence G. & White, Lawrence J., 2004. "Cookie Cutter vs. Character: The Micro Structure of Small Business Lending by Large and Small Banks," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 39(2), pages 227-251, June.
- Kenneth P. Brevoort & John D. Wolken, 2009. "Does Distance Matter in Banking?," Springer Books, in: Alberto Zazzaro & Michele Fratianni & Pietro Alessandrini (ed.), The Changing Geography of Banking and Finance, edition 1, chapter 0, pages 27-56, Springer.
- Dean F. Amel & Kenneth P. Brevoort, 2005. "The Perceived Size Of Small Business Banking Markets," Journal of Competition Law and Economics, Oxford University Press, vol. 1(4), pages 771-784.
- Berger, Allen N & Udell, Gregory F, 1995. "Relationship Lending and Lines of Credit in Small Firm Finance," The Journal of Business, University of Chicago Press, vol. 68(3), pages 351-381, July.
- Elliot Anenberg & Andrew C. Chang & Serafin J. Grundl & Kevin B. Moore & Richard Windle, 2018. "The Branch Puzzle : Why Are there Still Bank Branches?," FEDS Notes 2018-08-20, Board of Governors of the Federal Reserve System (U.S.).
- Jonathan Scott, 2004. "Small Business and the Value of Community Financial Institutions," Journal of Financial Services Research, Springer;Western Finance Association, vol. 25(2), pages 207-230, April.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Manasa Gopal & Philipp Schnabl, 2022. "The Rise of Finance Companies and FinTech Lenders in Small Business Lending," Review of Financial Studies, Society for Financial Studies, vol. 35(11), pages 4859-4901.
- Prieger, James E., 2023. "Local banking markets and barriers to entrepreneurship in minority and other areas," Journal of Economics and Business, Elsevier, vol. 124(C).
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Berger, Allen N. & Udell, Gregory F., 2006. "A more complete conceptual framework for SME finance," Journal of Banking & Finance, Elsevier, vol. 30(11), pages 2945-2966, November.
- Kano, Masaji & Uchida, Hirofumi & Udell, Gregory F. & Watanabe, Wako, 2011.
"Information verifiability, bank organization, bank competition and bank-borrower relationships,"
Journal of Banking & Finance, Elsevier, vol. 35(4), pages 935-954, April.
- Masaji Kano & Hirofumi Uchida & Gregory F. Udell & Wako Watanabe, 2006. "Information Verifiability, Bank Organization, Bank Competition and Bank-Borrower Relationships," Discussion papers 06003, Research Institute of Economy, Trade and Industry (RIETI).
- Norden, L., 2015. "The Role of Banks in SME Finance," ERIM Inaugural Address Series Research in Management EIA-2015-062-F&A, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam..
- Eugene Kang & Asghar Zardkoohi & Ramona Paetzold & Donald Fraser, 2013. "Relationship banking and escalating commitments to bad loans," Small Business Economics, Springer, vol. 40(4), pages 899-910, May.
- Degryse, H.A. & Cerqueiro, G.M. & Ongena, S., 2007.
"Distance, Bank Organizational Structure and Credit,"
Other publications TiSEM
34c2f607-3395-4fd9-9c52-4, Tilburg University, School of Economics and Management.
- Degryse, H.A. & Cerqueiro, G.M. & Ongena, S., 2007. "Distance, Bank Organizational Structure and Credit," Discussion Paper 2007-018, Tilburg University, Tilburg Law and Economic Center.
- Allen N. Berger & Christa H. S. Bouwman & Lars Norden & Raluca A. Roman & Gregory F. Udell & Teng Wang, 2021. "Piercing Through Opacity: Relationships and Credit Card Lending to Consumers and Small Businesses During Normal Times and the COVID-19 Crisis," Working Papers 21-19, Federal Reserve Bank of Philadelphia.
- Tassel, Eric Van, 2006. "Relationship lending under asymmetric information: A case of blocked entry," International Journal of Industrial Organization, Elsevier, vol. 24(5), pages 915-929, September.
- Theodora Bermpei & Antonios Nikolaos Kalyvas & Leone Leonida, 2021. "Local Public Corruption and Bank Lending Activity in the United States," Journal of Business Ethics, Springer, vol. 171(1), pages 73-98, June.
- Stefano Filomeni & Michele Modina & Elena Tabacco, 2023. "Trade credit and firm investments: empirical evidence from Italian cooperative banks," Review of Quantitative Finance and Accounting, Springer, vol. 60(3), pages 1099-1141, April.
- de Haas, Ralph & Lu, Liping & Ongena, S.R.G., 2018.
"Clear and Close Competitors? : On the Causes and Consequences of Bilateral Competition between Banks,"
Other publications TiSEM
e9f86045-13c5-49d9-85df-1, Tilburg University, School of Economics and Management.
- de Haas, Ralph & Lu, Liping & Ongena, S.R.G., 2018. "Clear and Close Competitors? : On the Causes and Consequences of Bilateral Competition between Banks," Discussion Paper 2018-027, Tilburg University, Center for Economic Research.
- de Haas, Ralph & Lu, Liping & Ongena, S.R.G., 2018. "Clear and Close Competitors? : On the Causes and Consequences of Bilateral Competition between Banks," Other publications TiSEM 06232b1c-2807-4b01-8972-9, Tilburg University, School of Economics and Management.
- Hasan, Iftekhar & Jackowicz, Krzysztof & Jagiełło, Robert & Kowalewski, Oskar & Kozłowski, Łukasz, 2021. "Local banks as difficult-to-replace SME lenders: Evidence from bank corrective programs," Journal of Banking & Finance, Elsevier, vol. 123(C).
- Cerqueiro, Geraldo & Degryse, Hans & Ongena, Steven, 2011.
"Rules versus discretion in loan rate setting,"
Journal of Financial Intermediation, Elsevier, vol. 20(4), pages 503-529, October.
- Geraldo Cerqueiro & Hans Degryse & Steven Ongena, 2007. "Rules versus Discretion in Loan Rate Setting," CESifo Working Paper Series 2091, CESifo.
- Geraldo CERQUEIRO & Hans DEGRYSE & Steven ONGENA, 2007. "Rules versus discretion in loan rate setting," Working Papers of Department of Economics, Leuven ces0723, KU Leuven, Faculty of Economics and Business (FEB), Department of Economics, Leuven.
- Degryse, Hans & Ongena, Steven & Cerqueiro, Geraldo, 2007. "Rules versus Discretion in Loan Rate Setting," CEPR Discussion Papers 6450, C.E.P.R. Discussion Papers.
- Cerqueiro, G.M. & Degryse, H.A. & Ongena, S., 2007. "Rules versus Discretion in Loan Rate Setting," Other publications TiSEM 840de6bc-3ce4-40cd-82df-8, Tilburg University, School of Economics and Management.
- Cerqueiro, G.M. & Degryse, H.A. & Ongena, S., 2007. "Rules versus Discretion in Loan Rate Setting," Other publications TiSEM 64250647-2852-4abe-9566-a, Tilburg University, School of Economics and Management.
- Cerqueiro, G.M. & Degryse, H.A. & Ongena, S., 2007. "Rules versus Discretion in Loan Rate Setting," Discussion Paper 2007-026, Tilburg University, Tilburg Law and Economic Center.
- Cerqueiro, G.M. & Degryse, H.A. & Ongena, S., 2007. "Rules versus Discretion in Loan Rate Setting," Discussion Paper 2007-59, Tilburg University, Center for Economic Research.
- Simon Cornée, 2014.
"Soft Information and Default Prediction in Cooperative and Social Banks,"
Journal of Entrepreneurial and Organizational Diversity, European Research Institute on Cooperative and Social Enterprises, vol. 3(1), pages 89-103, June.
- Simon Cornée, 2014. "Soft Information and Default Prediction in Cooperative and Social Banks," Economics Working Paper Archive (University of Rennes 1 & University of Caen) 201402, Center for Research in Economics and Management (CREM), University of Rennes 1, University of Caen and CNRS.
- Simon Cornée, 2014. "Soft Information and Default Prediction in Cooperative and Social Banks," Post-Print halshs-01114142, HAL.
- Simon Cornée, 2014. "Soft Information and Default Prediction in Cooperative and Social Banks," Working Papers CEB 14-005, ULB -- Universite Libre de Bruxelles.
- Tlili, Rim, 2012. "Comment justifier la multibancarité au sein des PME ?," Economics Thesis from University Paris Dauphine, Paris Dauphine University, number 123456789/10919 edited by Etner, François.
- Sedunov, John, 2020. "Small banks and consumer satisfaction," Journal of Corporate Finance, Elsevier, vol. 60(C).
- José María Liberti & Mitchell A Petersen, 2019. "Information: Hard and Soft," The Review of Corporate Finance Studies, Society for Financial Studies, vol. 8(1), pages 1-41.
- DeYoung, Robert & Glennon, Dennis & Nigro, Peter, 2008. "Borrower-lender distance, credit scoring, and loan performance: Evidence from informational-opaque small business borrowers," Journal of Financial Intermediation, Elsevier, vol. 17(1), pages 113-143, January.
- Knyazeva, Anzhela & Knyazeva, Diana, 2012. "Does being your bank’s neighbor matter?," Journal of Banking & Finance, Elsevier, vol. 36(4), pages 1194-1209.
- Udell, Gregory F., 2008. "What's in a relationship The case of commercial lending," Business Horizons, Elsevier, vol. 51(2), pages 93-103.
- Pietro Alessandrini & Andrea Filippo Presbitero & Alberto Zazzaro, 2008. "Global Banking and Local Markets," Mo.Fi.R. Working Papers 4, Money and Finance Research group (Mo.Fi.R.) - Univ. Politecnica Marche - Dept. Economic and Social Sciences.
More about this item
Keywords
Banking; Small business lending; Soft information; Lending distance;All these keywords.
JEL classification:
- R21 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Housing Demand
- G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
- G38 - Financial Economics - - Corporate Finance and Governance - - - Government Policy and Regulation
- L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:jbfina:v:156:y:2023:i:c:s0378426623001978. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/jbf .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.