Are bank loans to SMEs procyclical? Evidence from an analysis of the lending behavior of Korean banks
This paper investigates the procyclicality of bank loans to Small and Medium Enterprises (SMEs) and to Large Enterprises (LEs) using aggregated and cross-sectional data from major private, foreign, and state-owned banks in Korea in the period from 1999 to 2008. Based on previous studies, it is hypot...
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Format: | Article |
Language: | English |
Published: |
AOSIS
2013-06-01
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Series: | South African Journal of Business Management |
Online Access: | https://sajbm.org/index.php/sajbm/article/view/157 |