Against a background of far-reaching structural change in the banking sector, this article
reviews the recent academic literature on developments in European banking. European …

We combine recent findings from the empirical banking literature with established insights
from studies of banking competition and regulation. Motivated by modern theory of financial …

We show that banking relationships promote corporate environmental, social, and
governance (ESG) policies. Specifically, banks are more likely to grant loans to borrowers …

This paper investigates the mechanisms behind the matching of banks and firms in the loan
market and the implications of this matching for lending relationships, bank capital, and …

This paper empirically examines how capital affects a bank's performance (survival and
market share) and how this effect varies across banking crises, market crises, and normal …

We conduct face-to-face interviews with bank chief executive officers to classify 397 banks
across 21 countries as relationship or transaction lenders. We then use the geographic …

We review recent literature on the role of financial reporting transparency in reducing
governance-related agency conflicts among managers, directors, and shareholders, as well …

A Guide to Modern Econometrics, 5th Edition has become established as a highly
successful textbook. It serves as a guide to alternative techniques in econometrics with an …

This paper models the inner workings of relationship lending, the implications for bank
organisational structure, and the effects of shocks to the economic environment on the …

Theories based on incomplete contracting suggest that small organizations have a
comparative advantage in activities that make extensive use of “soft” information. We provide …