Social Capital and Strong Banking Relationships Financial Essay
ESG profiles of companies, matching and the costs of bank loans. D.Shin. Economics, Business Administration. 2020. This article examines the impact of corporate environmental, social and governance ESG profiles on the formation of corporate-bank lending relationships, and its implications. · Expand.PDF, Cooke P. Clifton N. and Oleaga M. 2005 Social capital, firm roots and regional development, Regional 1065-1077. This paper. Find, read and cite all research. 1 Introduction. Access to external financing has a significant impact on the performance, growth prospects and survival of companies. Since the beginning of the financial crisis, the availability of credit has become a major issue, especially for small and medium-sized businesses operating in countries with bank-based financial systems. There is virtually no consensus in research on the influence of social capital on firm performance in China, which motivates our study in this article. Our research objective here is to identify the effect of contextual and methodological moderators on the relationship between social capital and firm performance in China's transition economy. Meta, The Journal of Finance is the official publication of The American Finance Association, publishing leading research in all major areas of financial research. SUMMARY This article examines the mechanisms behind the matching of banks and companies in the credit market and the implications of this matching for credit relationships. Perspective one: Relationship between corporate financial and social performance, corporate social responsibility and environmental management. gement, 20, 157-167. doi: 10.1002 csr. “Social Capital and Debt Incurrence: Evidence from Bank Loans and Government Bonds.” Journal of Financial and Quantitative Analysis, 52, 2017a 1017 - 1047. CrossRef Google Scholar This work examines the extent to which the relevance of close ties between banks and companies is influenced by the amount of social capital that characterizes the environment in which companies operate. By estimating the relationship between the duration of credit relationships and the productivity of Italian SMEs, we empirically test whether there is complementarity or,