Academic Sessions


Session 24 - Bank Loans

Thursday, August 22, 16:30 - 18:00, Room C

Chairperson: Reint E. Gropp (Europäische Zentralbank)


Presentations

Agency Costs, Bank Specialness and Renegotiation

Sreedhar T. Bharath (New York University)

Discussant: Andreas Pfingsten (Westfälische Wilhelms-Universität Münster)

Lazy Entrepreneurs or Dominant Banks? An Empirical Analysis of the Market for SME Loans in the UK

Robert Cressy (City University of London)
Otto Toivanen (Helsinki School of Economics)

Discussant: Cesare Robotti (Federal Reserve Bank of Atlanta)

The Effects of Focus and Diversification on Bank Risk and Return: Evidence from Individual Bank Loan Portfolios

Viral V. Acharya (London Business School)
Anthony Saunders (New York University)
Iftekhar Hasan (New Jersey Institute of Technology)

Discussant: Reint E. Gropp (Europäische Zentralbank)

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