Bank equity stakes in borrowing firms and financial distress.
- Resource Type
- Article
- Authors
- Berlin, M; John, K; Saunders, A
- Source
- Review of Financial Studies; Fall96, Vol. 9 Issue 3, p889, 31p
- Subject
- BANKING industry
BUSINESS enterprises
LIQUIDATION
- Language
- ISSN
- 08939454
Examines bank equity stakes in borrowing firms and financial distress. Influence of large investors on the behavior of the firm; Reduction of the cost of financial distress in borrowing firms; Factors that lead to excessive liquidation or myopic investment decision.