Information content of bank loan announcements to Asian corporations during periods of economic uncertainty

Brian L. Boscaljon, Chia Cheng Ho

Research output: Contribution to journalArticle

11 Citations (Scopus)

Abstract

In this study, changes in the borrower-lender relationship prior to and after the Asian crisis are examined. We find the lender quality is the most important determinant of the information content of bank loan announcements, as evidenced by differences in the banking systems of Hong Kong, Korea, Thailand and Taiwan. In addition, the results suggest that the commercial banking relationship is increasingly important in times of economic uncertainty.

Original languageEnglish (US)
Pages (from-to)369-389
Number of pages21
JournalJournal of Banking and Finance
Volume29
Issue number2
DOIs
StatePublished - Feb 1 2005

Fingerprint

Hong Kong
Banking relationships
Korea
Bank loans
Asian crisis
Asia
Information content
Commercial banking
Taiwan
Announcement
Economic uncertainty
Thailand
Banking system

All Science Journal Classification (ASJC) codes

  • Finance
  • Economics and Econometrics

Cite this

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Information content of bank loan announcements to Asian corporations during periods of economic uncertainty. / Boscaljon, Brian L.; Ho, Chia Cheng.

In: Journal of Banking and Finance, Vol. 29, No. 2, 01.02.2005, p. 369-389.

Research output: Contribution to journalArticle

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