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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
  • Fabio Braggion
  • Steven Ongena
Refereed No
Language
  • English
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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