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dc.contributor.advisorNilsen, Øivind Anti
dc.contributor.authorJohannessen, Ragnhild Grønn
dc.contributor.authorSkarstein, Frida Lobenz
dc.date.accessioned2018-08-31T10:12:37Z
dc.date.available2018-08-31T10:12:37Z
dc.date.issued2018
dc.identifier.urihttp://hdl.handle.net/11250/2560251
dc.description.abstractIn this thesis, we use an empirical approach to provide evidence on the topic of relationship lending, by analysing if small and newly established firms are hit harder by a regional bank withdrawal. We use comprehensive data from the Norwegian banking market, containing information on 127 banks and approximately 70,000 firms. We find that small and newly established firms receive an increase in average interest rate of 2 percentage points after a bank withdrawal. This is 1.7 percentage points higher than for large and mature firms. Small and newly established firms also experience a decrease in debt ratio of 0.027, while the decrease is even more substantial for large and mature firms. Our findings indicate that small and newly established firms are hit harder in terms of increased interest rate, while the decrease in debt ratio could be caused by changes in credit supply or demand. The effects imposed on small and newly established firms do not seem to affect the firms’ growth, indicating that firms are able to withstand the increased interest rate.nb_NO
dc.language.isoengnb_NO
dc.subjectbusiness analysisnb_NO
dc.subjectperformance managementnb_NO
dc.subjectbusiness administrationnb_NO
dc.titleProximity in bank-borrower relationships : are small and newly established firms hit harder by bank branch closures?nb_NO
dc.typeMaster thesisnb_NO
dc.description.localcodenhhmasnb_NO


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