scholarly journals The Effect of Credit Market Competition on Lending Relationships

10.3386/w4921 ◽  
1994 ◽  
Author(s):  
Mitchell Petersen ◽  
Raghuram Rajan
Keyword(s):  
Market Competition ◽  
Credit Market ◽  
Lending Relationships

Debt and Corporate Governance

2015 ◽  
Author(s):  
Charles K. Whitehead
Keyword(s):  
Corporate Governance ◽  
Credit Risk ◽  
Credit Market ◽  
Lending Relationships ◽  
Private Credit ◽  
Traditional Function ◽  
Over Time

This chapter focuses on the evolving role of debt as a tool of corporate governance, or debt governance, within the context of developments in the private credit market. It first discusses debt’s traditional function, with particular emphasis on illiquid loans and the lenders’ reliance on monitoring and covenants in order to manage a borrower’s credit risk. It then considers how loans and lending relationships have evolved over time in light of the increased liquidity of traditionally private instruments. One outcome for debt governance may be a shift from the traditional dependence on covenants and monitoring to a greater reliance on the disciplining effect of liquid credit instruments.

Credit Market Competition and Bank Capitalization

2021 ◽  
Author(s):  
Özlem Dursun-de Neef ◽  
Thomas Gehrig
Keyword(s):  
Market Competition ◽  
Credit Market

The Effects of Information on Credit Market Competition: Evidence from Credit Cards

2020 ◽  
Author(s):  
C. Fritz Foley ◽  
Agustin Hurtado ◽  
Andres Liberman ◽  
Alberto Sepulveda
Keyword(s):  
Market Competition ◽  
Credit Cards ◽  
Credit Market
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