Credit and Collateral

Credit and Collateral

4.11 - 1251 ratings - Source

Collateral - generally defined as an asset used to provide security for a lender's loan - is an important feature of credit contracts and all the available evidence suggests that its use is getting more pervasive. This informative book builds upon recent research into this topic. Sena analyses three case-studies that revolve around the impact that financial constraints have on economic outcomes. In the first case-study, the relationship between firmsa€™ technical efficiency and increasing financial pressure is explored. The author then goes on to show, in the second case study, that under specific circumstances, increasing financial pressure and increasing product market competition can jointly have a positive impact on firmsa€™ technical efficiency, while not being true for all types of firms. In the third case, she analyses the impact that finance constraints have on womena€™s start-ups. Unique and revealing, this is the first book to deal so extensively with the topic of collateral, and as such, is a valuable reference to postgraduates and professionals in the fields of macroeconomics, monetary and business economics.Bornheim, S.P. and Herbeck, T.H. (1998) a€œA research note on the theory of SMEa€“ bank relationshipsa€, Small Business ... Calomiris, C.W. and Hubbard, R.G. (1989) a€œPrice flexibility, credit availability and economic fluctuations: evidence from theanbsp;...

Title:Credit and Collateral
Author: Vania Sena
Publisher:Routledge - 2007-12-10

You must register with us as either a Registered User before you can Download this Book. You'll be greeted by a simple sign-up page.

Once you have finished the sign-up process, you will be redirected to your download Book page.

How it works:
  • 1. Register a free 1 month Trial Account.
  • 2. Download as many books as you like (Personal use)
  • 3. Cancel the membership at any time if not satisfied.

Click button below to register and download Ebook
Privacy Policy | Contact | DMCA