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Company size to the impact of bank loans in different market conditions
Information asymmetry;Firm size;bank Loan;Corporate finance
|Issue Date: ||2011-12-01 13:25:54 (UTC+8)|
Banks help to resolve information asymmetric between users and suppliers of funds. Owing to differences in market conditions, bankers focus differently on corporate financing. In this study, we use Taiwan stock market listed companies as samples during the period from 2000 to 2009. The company's established seniority, asset size and finance are factors that influence bank loans in different market conditions between the company's credit and lending impact. Empirical results indicate that banks decided to provide loans as long the loan to be given was more as the amount of tangible assets as collateral. Higher R&D companies pose higher risks and therefore bank lending would be less. On the other hand, banks lending most based on the collateral providing. However, the companies with small size contain scarce resources. Banks are more concerned about collateral than profit of companies that perform well in the market.
|Appears in Collections:||[金融與風險管理系(所)] 博碩士論文|
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