Please use this identifier to cite or link to this item:
標題: 聯繫溝通模式與貸款利率之關聯性-以美國小型企業為例
The Impacts of Mode of Communication with the Bank on the Cost of Bank Loans: Evidence from Small Businesses
作者: 蕭育仁
Yu-Jen Hsiao
Kuan-Chen Chen
Nien-Tzu Chou
Yueh-Lung Lin
關鍵字: 小型企業;企業所有權人特性;銀行借貸;Small Business;Owner Characteristic;Bank Loan
Project: 應用經濟論叢, Issue 104, Page(s) 1-30

Using an analysis of data of small businesses from the United States, we find that small-business owners who are highly experienced and have a high level of education have high financing capacity, which is achieved by lowering the cost of bank loans to a firm. By contrast, poor credit history of owners in the past adversely affects bank loans. Especially, these results are mainly obtained from the analysis of small businesses that conduct business with banks by visiting in person. In addition, the conventional paradigm suggests that community banks (small, single-market, local banks) are better able to form strong relationships with informationally opaque small businesses, while "megabanks" (large, multimarket, nonlocal banks) tend to serve more transparent firms. But our results are often not consistent with the conventional paradigm, possibly because of changes in lending technologies and deregulation of the banking industry.
Appears in Collections:應用經濟論叢 第104期

Files in This Item:
File Description SizeFormat
98902-1.pdf2.65 MBAdobe PDFView/Open
Show full item record
TAIR Related Article

Google ScholarTM


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.