Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5090052 | Journal of Banking & Finance | 2012 | 15 Pages |
Abstract
⺠Identify six principal components of loan syndicate structure. ⺠Structure components are related to information asymmetries and differ across regions. ⺠Structure components interact and combine to affect loan spread. ⺠European discount can be explained by components, but not Asian discount. ⺠Endogeneity of structure components and loan spread important and conditional on region.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Claudia Champagne, Frank Coggins,