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Open access Aug 2026

Lending Relationships Along Ownership Lines: Institutional Cross‐Ownership and Bank Loan Contracts

We find that banking relationships built through institutional cross‐ownership influence the granting of loans as well as loan contract terms. Firms that are newly added to institutional cross‐owners' portfolios are more likely to borrow from banks that previously issued loans to other firms within the same portfolio...

Zhi-Ming Ma, E. Owens, D. Stice et al. · 0 citations

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