Itens para a visualização no momento 1-4 of 4

    • The benefits of relationship lending in a cross-country context: a meta-analysis 

      Kysucky, Vlado; Norden, Lars
      2016-01
      Relationship lending may create benefits for borrowers by reducing information asymmetries. However, empirical evidence is mixed. We conduct a meta-analysis to summarize and explain the heterogeneity in the results in the ...
    • The effects of corporate bond granularity 

      Norden, Lars; Roosenboom, Peter; Wang, Teng
      2016-02
      We investigate whether and how firms manage their rollover risk by having a dispersed bond maturity structure (granularity). Granularity can be achieved or maintained by frequently issuing sets of bonds with different ...
    • Financial constraints of private firms and bank lending behavior 

      Behr, Patrick Gottfried; Norden, Lars; Noth, Felix
      2013-09
      We investigate whether and how financial constraints of private firms depend on bank lending behavior. Bank lending behavior, especially its scale, scope and timing, is largely driven by bank business models which differ ...
    • Information in CDS spreads 

      Norden, Lars
      2017-02
      We investigate how public and private information affects corporate CDS spreads prior to rating announcements. First, CDS spreads of firms with high news intensity change significantly earlier and more strongly prior to ...