Cross-Border Financing by the Industrial Sector Increases Competition in the Domestic Banking Sector
We predict that access to cross-border financing by the industrial sector reduces firms' reliance on domestic banks, thereby leading to lower rents for banks and greater competition in the domestic banking sector. We also predict that banks take on more risk to offset these lost rents and remai...
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| 格式: | 文件 |
| 语言: | en_US |
| 出版: |
American Accounting Association
2017
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| 在线阅读: | http://hdl.handle.net/1721.1/109103 https://orcid.org/0000-0003-1120-1177 |