The number of banking relationships and the business cycle: New evidence from Colombia

"We study the determinants of multiple bank-firm relationships using a uniquely rich data set comprised of information on individual loans of a large number of firms in Colombia. We control for firm-specific variables and find that the business cycle exerts important influence on the number of...

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Autores Principales: Gómez-González J.E., Reyes N.R.
Formato: Artículo (Article)
Lenguaje:Inglés (English)
Publicado: 2011
Materias:
Acceso en línea:https://repository.urosario.edu.co/handle/10336/23892
https://doi.org/10.1016/j.ecosys.2010.09.007
id ir-10336-23892
recordtype dspace
spelling ir-10336-238922020-06-03T22:15:15Z The number of banking relationships and the business cycle: New evidence from Colombia Gómez-González J.E. Reyes N.R. Bank relationships Banks Count-data models "We study the determinants of multiple bank-firm relationships using a uniquely rich data set comprised of information on individual loans of a large number of firms in Colombia. We control for firm-specific variables and find that the business cycle exerts important influence on the number of bank relationships sustained by firms. Our evidence suggests that the number of bank relationships is counter-cyclical, decreasing during macroeconomic expansions and increasing during contractions. However, this effect is stronger for large firms which have more access to alternative sources of funding. © 2011 Elsevier B.V." 2011 2020-05-26T00:06:26Z info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion 9393625 https://repository.urosario.edu.co/handle/10336/23892 https://doi.org/10.1016/j.ecosys.2010.09.007 eng info:eu-repo/semantics/openAccess application/pdf instname:Universidad del Rosario reponame:Repositorio Institucional EdocUR
institution EdocUR - Universidad del Rosario
collection DSpace
language Inglés (English)
topic Bank relationships
Banks
Count-data models
spellingShingle Bank relationships
Banks
Count-data models
Gómez-González J.E.
Reyes N.R.
The number of banking relationships and the business cycle: New evidence from Colombia
description "We study the determinants of multiple bank-firm relationships using a uniquely rich data set comprised of information on individual loans of a large number of firms in Colombia. We control for firm-specific variables and find that the business cycle exerts important influence on the number of bank relationships sustained by firms. Our evidence suggests that the number of bank relationships is counter-cyclical, decreasing during macroeconomic expansions and increasing during contractions. However, this effect is stronger for large firms which have more access to alternative sources of funding. © 2011 Elsevier B.V."
format Artículo (Article)
author Gómez-González J.E.
Reyes N.R.
author_facet Gómez-González J.E.
Reyes N.R.
author_sort Gómez-González J.E.
title The number of banking relationships and the business cycle: New evidence from Colombia
title_short The number of banking relationships and the business cycle: New evidence from Colombia
title_full The number of banking relationships and the business cycle: New evidence from Colombia
title_fullStr The number of banking relationships and the business cycle: New evidence from Colombia
title_full_unstemmed The number of banking relationships and the business cycle: New evidence from Colombia
title_sort number of banking relationships and the business cycle: new evidence from colombia
publishDate 2011
url https://repository.urosario.edu.co/handle/10336/23892
https://doi.org/10.1016/j.ecosys.2010.09.007
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score 10,764886