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Why do banks ask for collateral in SME lending?
16 references·5 citing·40 second hop
Why do banks ask for collateral in SME lending? (2013)Why do banks ask for collateral in SME le…Contemporary Financial Intermediation (2019)Contemporary Financial Interm…Why do borrowers pledge collateral? New empirical evidence on the role of asymmetric information (2010)Why do borrowers pledge colla…Tests of ex ante versus ex post theories of collateral using private and public information (2010)Tests of ex ante versus ex po…Do Bankruptcy Codes Matter? A Study of Defaults in France, Germany, and the U.K. (2008)Do Bankruptcy Codes Matter? A…Collateral, relationship lending and family firms (2008)Collateral, relationship lend…A lender-based theory of collateral☆ (2007)A lender-based theory of coll…Determinants of collateral☆ (2006)Determinants of collateral☆Business collateral and personal commitments in SME lending (2006)Business collateral and perso…Collateral, type of lender and relationship banking as determinants of credit risk (2003)Collateral, type of lender an…The role of personal wealth in small business finance (1998)The role of personal wealth i…Secured Lending and Default Risk: Equilibrium Analysis, Policy Implications and Empirical Results (1991)Secured Lending and Default R…Collateral, loan quality and bank risk (1990)Collateral, loan quality and …Collateral and Rationing: Sorting Equilibria in Monopolistic and Competitive Credit Markets (1987)Collateral and Rationing: Sor…Screening vs. Rationing in Credit Markets with Imperfect Information (1985)Screening vs. Rationing in Cr…Asymmetric Valuations and the Role of Collateral in Loan Agreements (1985)Asymmetric Valuations and the…Credit Rationing in Markets with Imperfect Information (1981)Credit Rationing in Markets w…High leverage and variance of SMEs performance (2019)High leverage and variance of…Determinants of SME Finance: Evidence from Three Central European Countries (2017)Determinants of SME Finance: …Loan guarantees and the cost of debt: evidence from China (2016)Loan guarantees and the cost …Collateral and SME financing in Bangladesh: an analysis across bank size and bank ownership types (2016)Collateral and SME financing …Risk Perception Differences between Micro-, Small and Medium Enterprises (2015)Risk Perception Differences b…Increases in risk and in risk aversion (1974)Risk Sharing and Incentives in the Principal and Agent Relationship (1979)Corporate financing and investment decisions when firms have information that investors do not have (1984)The Benefits of Lending Relationships: Evidence from Small Business Data (1994)Financial Dependence and Growth (1996)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Determinants of corporate borrowing (1977)Is relationship lending special? Evidence from credit-file data in Germany (1998)Relationship Lending within a Bank-Based System: Evidence from European Small Business Data (2000)Credit Risk in Two Institutional Regimes: Spanish Commercial and Savings Banks (2002)Equilibrium in Competitive Insurance Markets: An Essay on the Economics of Imperfect Information (1976)Imperfect Information, Uncertainty, and Credit Rationing (1976)The Consequences of the Dependence of Quality on Price (1987)Incentive Compatibility and the Bargaining Problem (1979)Bank Market Power and SME Financing Constraints (2009)Rules for Ordering Uncertain Prospects (1969)INFORMATIONAL ASYMMETRIES, FINANCIAL STRUCTURE, AND FINANCIAL INTERMEDIATION (1977)Does Corporate Lending by Banks and Finance Companies Differ? Evidence on Specialization in Private Debt Contracting (1998)Competition, Small Business Financing, and Discrimination: Evidence from a New Survey (2002)Courts and Banks: Effects of Judicial Enforcement on Credit Markets (2005)Limited-dependent and qualitative variables in econometrics (1983)Law and Finance (1998)Credit risk drivers: Evaluating the contribution of firm level information and of macroeconomic dynamics (2008)Macroeconomic determinants of the credit risk in the banking system: The case of the GIPSI (2013)CORPORATE GOVERNANCE OF BANKS: A SURVEY (2015)Insiders and Outsiders: The Choice between Informed and Arm's-Length Debt (1992)Relationship Lending and Lines of Credit in Small Firm Finance (1995)The Effect of Credit Market Competition on Lending Relationships (1995)Collateral pricing☆ (2008)Credit Booms and Lending Standards: Evidence from the Subprime Mortgage Market (2008)Collateralization, Bank Loan Rates, and Monitoring (2014)Liquidation Values and Debt Capacity: A Market Equilibrium Approach (1992)What Do We Know about Capital Structure? Some Evidence from International Data (1995)How Law Affects Lending (2009)Creditor rights and capital structure: Evidence from international data (2013)Housing Collateral and Entrepreneurship (2016)Lending Booms and Lending Standards (2006)Financial intermediation as a beliefs-bridge between optimists and pessimists (2004)The cyclical behaviour of European bank capital buffers (2007)Running for the Exit? International Bank Lending During a Financial Crisis (2012)
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References

  • 1981Credit Rationing in Markets with Imperfect Information12,762 cited
  • 1985Screening vs. Rationing in Credit Markets with Imperfect Information1,432 cited
  • 1990Collateral, loan quality and bank risk1,174 cited
  • 1987Collateral and Rationing: Sorting Equilibria in Monopolistic and Competitive Credit Markets966 cited
  • 2006Determinants of collateral☆516 cited
  • 1991Secured Lending and Default Risk: Equilibrium Analysis, Policy Implications and Empirical Results512 cited
  • 2008Do Bankruptcy Codes Matter? A Study of Defaults in France, Germany, and the U.K.501 cited
  • 1985Asymmetric Valuations and the Role of Collateral in Loan Agreements474 cited
  • 2019Contemporary Financial Intermediation472 cited
  • 2003Collateral, type of lender and relationship banking as determinants of credit risk434 cited
  • 1998The role of personal wealth in small business finance295 cited
  • 2010Why do borrowers pledge collateral? New empirical evidence on the role of asymmetric information234 cited
  • 2006Business collateral and personal commitments in SME lending216 cited
  • 2010Tests of ex ante versus ex post theories of collateral using private and public information199 cited
  • 2007A lender-based theory of collateral☆

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170 cited
  • 2008Collateral, relationship lending and family firms121 cited
  • Cited by

    • 2017Determinants of SME Finance: Evidence from Three Central European Countries44 cited
    • 2019High leverage and variance of SMEs performance36 cited
    • 2016Loan guarantees and the cost of debt: evidence from China33 cited
    • 2015Risk Perception Differences between Micro-, Small and Medium Enterprises30 cited
    • 2016Collateral and SME financing in Bangladesh: an analysis across bank size and bank ownership types22 cited