Loan managers’ decisions and trust in entrepreneurs in different institutional contexts

Autor: Andrea Moro, Daniela Maresch, Matthias Fink, Antti Fredriksson
Jazyk: angličtina
Rok vydání: 2018
Předmět:
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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