We analyze lending by traditional as well as fintech lenders during COVID-19. Comparing
samples of fintech and bank loan records across the outbreak, we find that fintech …

Using a sample of Spanish tourism small and medium-sized firms, we have tested the
impact of family control, publicly-available information and tangibility on financial structure …

A lack of comprehensive reviews on whether banks price borrowers' ESG risks hinders
ongoing debate on how banks could play an important role in supporting sustainability …

We derive three testable predictions from a bank-P2P lender model of competition:(a) P2P
lending grows when some banks are faced with exogenously higher regulatory costs;(b) …

This study explores the effects of judicial independence on corporate innovation by
analyzing the staggered establishment of Circuit Courts in China. We find that introducing …

Growing financial failure at firm-level can have serious consequences for banks in terms of
rising non-performing assets, in the absence of a strong bankruptcy system. Such a scenario …

We demonstrate the central importance of creditors' ability to use movable assets as
collateral (as distinct from immovable real estate) when borrowing from banks. Using a …

Exploiting the timing of the 2005–2006 Italian bankruptcy law reforms, we disentangle the
effects of reorganization and liquidation in bankruptcy on bank financing and firm …

Following a natural disaster, the rate of economic growth recovers faster in less competitive
banking markets. A 10% reduction in competition increases the rate of economic growth by …

We directly measure banks' monitoring of syndicated loans. Banks typically demand
borrower information on at least a monthly basis. About 20% of loans involve active …