Haku
Viitteet 1-3 / 3
Is social capital associated with corporate innovation? Evidence from publicly listed firms in the U.S
(08.04.2020)
Journal of Corporate Finance June
Journal of Corporate Finance June
We find that social capital in U.S. counties, as captured by strength of social norms and density of social networks, is positively associated with innovation of firms headquartered in the county, as captured by patents ...
Credit allocation when borrowers are economically linked: An empirical analysis of bank loans to corporate customers
(07.04.2020)
Journal of Corporate Finance June ; 2020
Journal of Corporate Finance June ; 2020
Using detailed loan level data, we examine bank lending to corporate customers relying on principal suppliers. Customers experience larger loan spreads, higher intensity of covenants and greater likelihood of requiring ...
Transactional and relational approaches to political connections and the cost of debt
(22.10.2020)
Journal of Corporate Finance December
Journal of Corporate Finance December
This paper examines the economic effects of a firm's approach to developing and maintaining political connections. Specifically, we investigate whether lenders favor transactional connection as opposed to relational ...