• Complex
  • Title
  • Keyword
  • Abstract
  • Scholars
  • Journal
  • ISSN
  • Conference
成果搜索

author:

Huang, Yin-Siang (Huang, Yin-Siang.) [1] | Bui, Dien Giau (Bui, Dien Giau.) [2] | Lin, Chih-Yung (Lin, Chih-Yung.) [3] | Robin (Robin.) [4]

Indexed by:

SSCI

Abstract:

We investigate whether abnormal institutional attention (AIA, measured following Ben-Rephael, Da, and Israelsen, 2017) influences bank loans. First, we find that AIA is positively related to borrowers' cumulative abnormal returns around loan announcements. Second, banks charge a significantly lower loan spread, require less collateral, and approve larger loans for borrowers with higher AIA. Third, the effect of AIA becomes stronger when borrowers have high information asymmetry and weak market competition. Overall, our findings support the idea that banks consider AIA information when making lending decisions.

Keyword:

Bank loan contracts Cumulative abnormal returns Financing cost Institutional attention Loan announcements

Community:

  • [ 1 ] [Huang, Yin-Siang]Fuzhou Univ Int Studies & Trade, Dept Financial Engn, Fuzhou, Peoples R China
  • [ 2 ] [Bui, Dien Giau]Yuan Ze Univ, Coll Management, Taoyuan, Taiwan
  • [ 3 ] [Lin, Chih-Yung]Natl Yang Ming Chiao Tung Univ, Dept Informat Management & Finance, Hsinchu, Taiwan
  • [ 4 ] [Robin]Univ Int Batam, Dept Management, Batam, Indonesia

Reprint 's Address:

Show more details

Related Keywords:

Source :

JOURNAL OF INTERNATIONAL FINANCIAL MARKETS INSTITUTIONS & MONEY

ISSN: 1042-4431

Year: 2022

Volume: 76

4 . 0

JCR@2022

5 . 4 0 0

JCR@2023

ESI Discipline: ECONOMICS & BUSINESS;

ESI HC Threshold:62

JCR Journal Grade:1

CAS Journal Grade:2

Cited Count:

WoS CC Cited Count: 0

SCOPUS Cited Count:

ESI Highly Cited Papers on the List: 0 Unfold All

WanFang Cited Count:

Chinese Cited Count:

30 Days PV: 0

Affiliated Colleges:

Online/Total:305/10114484
Address:FZU Library(No.2 Xuyuan Road, Fuzhou, Fujian, PRC Post Code:350116) Contact Us:0591-22865326
Copyright:FZU Library Technical Support:Beijing Aegean Software Co., Ltd. 闽ICP备05005463号-1