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Credit information sharing and loan default in developing countries: the moderating effect of banking market concentration and national governance quality

Author

Listed:
  • Samuel Fosu

    (De Montfort University)

  • Albert Danso

    (De Montfort University)

  • Henry Agyei-Boapeah

    (University of York Management School)

  • Collins G. Ntim

    (University of Southampton Business School)

  • Emmanuel Adegbite

    (Nottingham University Business School
    James Cook University)

Abstract

Departing from the existing literature, which associates credit information sharing with improved access to credit in advanced economies, we examine whether credit information sharing can also reduce loan default rate for banks domiciled in developing countries. Using a large dataset covering 879 unique banks from 87 developing countries from every continent, over a 9-year period (i.e., over 6300 observations), we uncover three new findings. First, we find that credit information sharing reduces loan default rate. Second, we show that the relationship between credit information sharing and loan default rate is conditional on banking market concentration. Third, our findings suggest that governance quality at the country level does not have a strong moderating role on the effect of credit information sharing on loan default rate.

Suggested Citation

  • Samuel Fosu & Albert Danso & Henry Agyei-Boapeah & Collins G. Ntim & Emmanuel Adegbite, 2020. "Credit information sharing and loan default in developing countries: the moderating effect of banking market concentration and national governance quality," Review of Quantitative Finance and Accounting, Springer, vol. 55(1), pages 55-103, July.
  • Handle: RePEc:kap:rqfnac:v:55:y:2020:i:1:d:10.1007_s11156-019-00836-1
    DOI: 10.1007/s11156-019-00836-1
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    Cited by:

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    3. Marwa Elnahass & Mohamed Marie & Mohammed Elgammal, 2022. "Terrorist attacks and bank financial stability: evidence from MENA economies," Review of Quantitative Finance and Accounting, Springer, vol. 59(1), pages 383-427, July.

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    More about this item

    Keywords

    Credit information sharing; Developing countries; Banking market concentration; Governance quality;
    All these keywords.

    JEL classification:

    • G14 - Financial Economics - - General Financial Markets - - - Information and Market Efficiency; Event Studies; Insider Trading
    • 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

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