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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Bibliographic Details
Main Author: Ji-Yong Seo
Format: Article
Language:English
Published: AOSIS 2013-06-01
Series:South African Journal of Business Management
Online Access:https://sajbm.org/index.php/sajbm/article/view/157