Monday, November 1, 2004

Commercial banking and Investment banking-Yasuda

In a forthcoming Journal of Finance article, Yasuda adds significantly to our understanding of the relationships between corporate borrower, commercial bankers, and investment bankers.

It is rare that an abstract summarizes a paper's findings as well as this one, so I will let the abstract give his findings:
"[Commercial] bank relationships have positive and significant effects on a firm’s

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