Footnote:
In: Journal of Financial Research
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments July 22, 2020 erstellt
Description:
We analyze changes in lending by U.S. banks to businesses during 1994 – 2011. We find thatlending to businesses and, in particular, to small businesses, declined precipitously followingonset of the financial crisis. We also examine the relative changes in business lending by banksthat did, and did not, receive TARP funds from the U.S. Treasury, and find that banks receivingcapital injections from the TARP failed to increase their small-business lending. Finally, we findstrong and significant positive relations of both bank capital adequacy and profitability withsmall-business lending