The direct and indirect impact of bank privatization and foreign entry on access to credit in Argentina’s provinces

Clarke, George R. G.; Crivelli, Juan Miguel; Cull, Robert

doi:10.1016/j.jbankfin.2004.06.014

Cited by 20 publications

(4 citation statements)

References 17 publications

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“…As a comparison, we also empirically test the influence of the largest state-owned shareholder on bank loans, and find that there is no similar influence. This coincides with some of the findings of Clarke et al [ 7 ], Berkowitz et al [ 8 ], Shaban and James [ 9 ] and Yuan et al [ 10 ]. Our study also shows that the largest private shareholder has a different influence than the state-owned shareholder.…”

Section: Introductionsupporting

confidence: 92%

The influence of the largest private shareholder on bank loans: Evidence from China

Liu

Xu²,

Zhang³

2022

PLoS ONE

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We point out that the largest private shareholders can use their information advantage of the industry to influence banks’ industry lending behavior. Using a sample of Chinese city commercial banks, we find that increasing of ownership stake of the largest private shareholders leads banks to lend more to their industries. Interestingly, the largest state-owned shareholders do not have this effect. More importantly, we confirmed the channel of the information advantage by analyzing the bank’s industry NPL ratio and the listed company’s maximum loan amount in the bank. Of course, the effect of the largest private shareholders is achieved by intervening in board decisions. In addition, the ownership structure can influence this effect.

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Section: Introductionsupporting

confidence: 92%

The influence of the largest private shareholder on bank loans: Evidence from China

Liu

Xu²,

Zhang³

2022

PLoS ONE

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“…In some cases, even the proportions of assets may significantly understate the importance of the banks involved. Many of the cases of privatization involved provincially-owned banks with very large shares of the credit in their provinces -more than half of the credit in 9 of the provinces (Clarke, Crivelli, and Cull 2004).…”

Section: Tests Of the Effects Of Corporate Governance On Bank Performancementioning

confidence: 99%

Corporate Governance And Bank Performance : A Joint Analysis Of The Static, Selection, And Dynamic Effects Of Domestic, Foreign, And State Ownership

Berger¹,

Clarke²,

Udell³

et al. 2005

Policy Research Working Papers

Self Cite

264

313

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We jointly analyze the static, selection, and dynamic effects of domestic, foreign, and state ownership on bank performance. We argue that it is important to include indicators of all the relevant governance effects in the same model. "Nonrobustness" checks (which purposely exclude some indicators) support this argument. Using data from Argentina in the 1990s, our strongest and most robust results concern state ownership. State-owned banks have poor long-term performance (static effect), those undergoing privatization had particularly poor performance beforehand (selection effect), and these banks dramatically improved following privatization (dynamic effect). However, much of the measured improvement is likely due to placing nonperforming loans into residual entities, leaving "good" privatized banks.

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Section: Year Fixed Effectsmentioning

confidence: 99%

Corporate governance and bank performance: A joint analysis of the static, selection, and dynamic effects of domestic, foreign, and state ownership

Berger

Clarke

Cull

et al. 2005

Journal of Banking & Finance

Self Cite

437

118

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The direct and indirect impact of bank privatization and foreign entry on access to credit in Argentina’s provinces

Cited by 20 publications

References 17 publications

The influence of the largest private shareholder on bank loans: Evidence from China

The influence of the largest private shareholder on bank loans: Evidence from China

Corporate Governance And Bank Performance : A Joint Analysis Of The Static, Selection, And Dynamic Effects Of Domestic, Foreign, And State Ownership

Corporate governance and bank performance: A joint analysis of the static, selection, and dynamic effects of domestic, foreign, and state ownership

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