神戸大学金融研究会
(Monetary Economics Seminar of Kobe University)
日時: (Date&Time) |
11月11日(土)10時30分から (Saturday, November 11, 10:30〜) |
報告者: (Speaker) |
内田 浩史 氏 (UCHIDA Hiroshi) |
所属: (Affiliation) |
和歌山大学 (Wakayama University) |
論題: (Topic) |
"Loan Officers and Relationship Lending" |
概要: (Abstract) |
Theoretical and empirical work suggests that commercial loan officers play a critical role in relationship lending by producing soft information about their SME borrowers. We test whether loan officers in the Japanese SME loan market perform this role in a manner that is consistent with the theoretical predictions in the relationship lending literature. While we find limited evidence that soft information may benefit SME borrowers, we do not find evidence that is on balance consistent with theoretical predictions that loan officers produce soft information that is not easily transmitted to others within the bank. These results are consistent with alternative explanations including the possibility that the social environment in Japan leads to a credit culture where it is easier to transmit soft information from one loan officer to another. It could also be consistent with the possibility that the relationship lending may not be particularly important in the Japanese SME loan market. |
会場: (Place) |
神戸大学経済経営研究所 会議室(研究所新館2階) RIEB Meeting Room (New Building 2nd floor) |
対象: (Intended Audience) |
基本的に会員制の研究会ですが、非会員で関心のある方の参加も歓迎します。 The seminar is primarily for the workshop members. But non-members are also welcome to attend. |
備考: (Note) |
論文のコピーは開催日当日に会場にご用意いたします。 |