Loan managers’ decisions and trust in entrepreneurs in different institutional contexts
Autor: | Andrea Moro, Daniela Maresch, Matthias Fink, Antti Fredriksson |
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Jazyk: | angličtina |
Rok vydání: | 2018 |
Předmět: |
ta520
Economics and Econometrics Leverage (finance) Accounting Relationship Lending Development Trust Bank credit Relationship lending 0502 economics and business Endogeneity 050207 economics Business and International Management Finance ta511 Bank Credit business.industry Institutional embeddedness 05 social sciences Social environment trust institutional embeddedness Loan Normative Small and medium enterprises Small and medium-sized enterprises business 050203 business & management |
Zdroj: | Moro, A, Fink, M, Maresch, D & Fredriksson, A 2018, ' Loan managers' decisions and trust in entrepreneurs in different institutional contexts ', Entrepreneurship & Regional Development, vol. 30, no. 1-2, pp. 146-172 . https://doi.org/10.1080/08985626.2017.1400115 |
ISSN: | 0898-5626 1464-5114 |
DOI: | 10.1080/08985626.2017.1400115 |
Popis: | Loan managers’ trust in entrepreneurs can be a useful tool for overcoming entrepreneurial firms’ opaqueness. Nevertheless, the possibility for loan managers to leverage trust can be affected by differences in the regulative institutions within the banks (type of bank) and by place-bound normative institutions (social context). By relying on semi-structured interviews and a survey of 450 bank-entrepreneur relationships, this study finds that a positive impact of trust in lending relationships is sensitive to different place-bound normative institutions and to the regulative institutions within the banks. The results are robust with respect to potential endogeneity issues. |
Databáze: | OpenAIRE |
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