Results 101 to 110 of about 203 (124)
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Distressed firms, zombie firms and zombie lending: A taxonomy
Journal of Banking & Finance, 2021Laura Álvarez Román +2 more
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Identifying Zombie Lending: Evidence Using Loan-Level Data
SSRN Electronic Journal, 2018We identify ever-greening motivated by loan officer incentives. We devise a novel zombie lending measure in a setting dominated by non-verifiable information. We identify loans that are renewed quickly after repayment of the previous loan, where the same officer is in charge during the issuance of both loans, and transactions are consummated close to ...
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Dual holders, risk shifting, and zombie lending
2015This paper provides a model to analyze a recently documented empirical phenomenon, the investors’ simultaneous holding of equity and debt stakes in one firm. The model formalizes the idea that the existence of a dual holder could effectively reconcile the conflicts between debt holders and shareholders and improve firm values.
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How Capital Rules Redirect Zombie Lending
How should policymakers confront the growing influence of unregulated lending on firm survival, market discipline, and the health of the real economy? The views, opinions, findings, and conclusions are those of the authors and do not necessarily reflect views held by the Federal Reserve Bank of Atlanta.openaire +1 more source
Links between zombie lending, productivity and employment
2014Banks sometimes respond to a sharp deterioration in the quality of placements by extending time limits for loan repayments to borrowers in default and hide the actual quality of placements hoping that difficulties of borrowers are only temporary. This practice is termed evergreening or zombie lending.
Broz, Tanja, Ridzak, Tomislav
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Μη εξυπηρετούμενα δάνεια και δανεισμός σε πτωχευμένες επιχειρήσεις (zombie lending)
2018Μέσα από την εξέταση της υφιστάμενης βιβλιογραφίας αναφορικά με την επίπτωση των μη εξυπηρετούμενων δανείων στην κερδοφορία και την κεφαλαιακή επάρκεια των τραπεζών και την εμφάνιση του zombie lending ως αποτέλεσμα της αύξησης των NPLs, η παρούσα εργασία στοχεύει στην καταγραφή και ανάλυση του φαινομένου των μη εξυπηρετούμενων δανείων και του ...
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The Role of Bank CEOs in Zombie Lending During a Crisis: Evidence from India
Journal of Financial and Quantitative AnalysisAbstract A well-documented pattern of bank lending during crises is allocating credit to insolvent firms at the expense of productive firms, leading to inefficient resource allocation at the macro level. I investigate the role of bank CEOs in influencing such distortions during crises, using the strictly enforced age-based retirement ...
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Distressed firms, zombie firms and zombie lending: A taxonomy
Journal of Banking and Finance, 2023Sérgio Mayordomo
exaly
"Bad Loans", "Delayed Disposals", "Follow-on and Zombie Lending", and the Lost Two Decades": Lessons from the Japanese Experience? [PDF]
, 2011 Many observers describe the last 20 years of the Japanese economy as "the Two Lost Decades". Many also discuss the "bad loans" in the banking sector and the "insufficient"and "delayed" "disposal of the bad loans." They urge policies that will accelerate that disposition.
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