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Contribution Details
Type | Scientific Publication In Electronic Form |
Scope | Discipline-based scholarship |
Title | Corporate leverage and firm-bank relationships: A secular perspective |
Organization Unit | |
Authors |
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Refereed | No |
Language |
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Place of Publication | London |
Publisher | VoxEU, CEPR Policy Portal |
Date | 2013 |
Abstract Text | The depth of the recent financial crisis is often attributed to excessively high leverage of corporations and banks. This column analyses corporate leverage in the long-run, and in particular the shift from bilateral to multilateral firm-bank relationships in the UK. This shift is related to the firms’ use of debt finance, and subsequently to their increased leverage |
Free access at | Official URL |
Official URL | http://www.voxeu.org/article/firm-bank-relationships |
Other Identification Number | merlin-id:8632 |
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