| Título: | How do banks assess entrepreneurial competence? The role of voluntary information disclosure |
| Autores: |
Moro, Andrea Fink, Matthias Kautonen, Teemu |
| Fecha: |
2013-05-28 2013-05-28 2012-12-24 |
| Publicador: | Anglia Ruskin University |
| Fuente: |
 |
| Tipo: | Article |
| Tema: |
SMEs banks finance entrepreneurship |
| Descripción: | This research adds to the literature on relationship lending in the small business context by discussing the roles of entrepreneurial competence and voluntarily disclosed information as determinants of credit access. More specifically, we propose that the loan manager’s evaluation of the information voluntarily disclosed by the entrepreneur is an important complement to publicly available financial data and soft information collected through observation and third parties in framing the loan manager’s perception of the entrepreneur’s competence. Further, we argue that banks charge lower interest rates if the loan manager perceives the entrepreneur to be competent. Econometric analysis based on 433 bank-firm relationships supports these hypothesised relationships. The results imply that entrepreneurs need to communicate their competence effectively to loan managers, and that banks should utilise their loan managers’ personal evaluations as inputs to lending decisions. |
| Idioma: | Inglés |
1 Long term patterns of sleeping site use in wild saddleback (Saguinus fuscicollis) and mustached tamarins (S. mystax): Effects of foraging, thermoregulation, predation, and resource defense constraints por Smith, Andrew C.,Knogge, Christoph,Huck, Maren,Lottker, Petra,Buchanan-Smith, Hannah M.,Heymann, Eckhard W. | 6 Crowding under scotopic conditions por Simunovic, Matthew P.,Calver, Richard I. |
2 Factors affecting group spread within wild mixed-species troops of saddleback and mustached tamarins por Smith, Andrew C.,Buchanan-Smith, Hannah M.,Surridge, Alison K.,Mundy, Nicholas I. | 7 Development of a harmonised method for the profiling of amphetamines: I. Synthesis of standards and compilation of analytical data por Aalberg, Laura,Andersson, Kjell,Bertler, Christina,Borén, Hans,Cole, Michael D.,Dahlén, Johan,Finnon, Yvonne,Huizer, Henk,Jalava, Kaisa,Kaa, Elisabet,Lock, Eric,Lopes, Alvaro,Poortman-van der Meer, Anneke,Sippola, Erkki |
3 Factors affecting vigilance within wild mixed-species troops of saddleback (Saguinus fuscicollis) and moustached tamarins (S. mystax) por Smith, Andrew C.,Kelez, Shaleyla,Buchanan-Smith, Hannah M. | 8 Development of a harmonised method for the profiling of amphetamines: II. Stability of impurities in organic solvents por Aalberg, Laura,Andersson, Kjell,Bertler, Christina,Cole, Michael D.,Finnon, Yvonne,Huizer, Henk,Jalava, Kaisa,Kaa, Elisabet,Lock, Eric,Lopes, Alvaro,Poortman-van der Meer, Anneke,Sippola, Erkki,Dahlén, Johan |
4 Peripheral refraction for distance and near vision in emmetropes and myopes por Calver, Richard I.,Radhakrishnan, Hema,Osuobeni, Ebi P.,O'Leary, Daniel J. | 9 Development of a harmonised method for the profiling of amphetamines: III. Development of the gas chromatographic method por Andersson, Kjell,Jalava, Kaisa,Lock, Eric,Finnon, Yvonne,Huizer, Henk,Kaa, Elisabet,Lopes, Alvaro,Poortman-van der Meer, Anneke,Cole, Michael D.,Dahlén, Johan,Sippola, Erkki |
5 Effect of positive and negative defocus on contrast sensitivity in myopes and non-myopes por Radhakrishnan, Hema,Pardhan, Shahina,Calver, Richard I.,O'Leary, Daniel J. | 10 Development of a harmonised method for the profiling of amphetamines: IV. Optimisation of sample preparation por Andersson, Kjell,Jalava, Kaisa,Lock, Eric,Huizer, Henk,Kaa, Elisabet,Lopes, Alvaro,Poortman-van der Meer, Anneke,Cole, Michael D.,Dahlén, Johan,Sippola, Erkki |