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Bank market structure, competition, and SME financing relationships in European regions

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Bank market structure, competition, and SME financing relationships in European regions. / Mercieca, Steve; Schaeck, Klaus; Wolfe, Simon.
In: Journal of Financial Services Research, Vol. 36, No. 2-3, 01.12.2009, p. 137-155.

Research output: Contribution to Journal/MagazineJournal articlepeer-review

Harvard

Mercieca, S, Schaeck, K & Wolfe, S 2009, 'Bank market structure, competition, and SME financing relationships in European regions', Journal of Financial Services Research, vol. 36, no. 2-3, pp. 137-155. https://doi.org/10.1007/s10693-009-0060-0

APA

Mercieca, S., Schaeck, K., & Wolfe, S. (2009). Bank market structure, competition, and SME financing relationships in European regions. Journal of Financial Services Research, 36(2-3), 137-155. https://doi.org/10.1007/s10693-009-0060-0

Vancouver

Mercieca S, Schaeck K, Wolfe S. Bank market structure, competition, and SME financing relationships in European regions. Journal of Financial Services Research. 2009 Dec 1;36(2-3):137-155. Epub 2009 May 16. doi: 10.1007/s10693-009-0060-0

Author

Mercieca, Steve ; Schaeck, Klaus ; Wolfe, Simon. / Bank market structure, competition, and SME financing relationships in European regions. In: Journal of Financial Services Research. 2009 ; Vol. 36, No. 2-3. pp. 137-155.

Bibtex

@article{f0685f067bd34b199b5279bf67c28bb2,
title = "Bank market structure, competition, and SME financing relationships in European regions",
abstract = "How do concentration and competition in the European banking sector affect lending relationships between small and medium sized enterprises (SMEs) and their banks? Recent empirical evidence suggests that concentration and competition capture different characteristics of banking systems. Using a unique dataset on SMEs for selected European regions, we empirically investigate the impact of increasing concentration and competition on the number of lending relationships maintained by SMEs. We find that competition has a positive effect on the number of lending relationships, weak evidence that concentration reduces the number of banking relationships and weak persistent evidence that they tend to offset each other.",
keywords = "SME financing, relatinship banking, bank market structure",
author = "Steve Mercieca and Klaus Schaeck and Simon Wolfe",
note = "Date of Acceptance: 22/04/2009",
year = "2009",
month = dec,
day = "1",
doi = "10.1007/s10693-009-0060-0",
language = "English",
volume = "36",
pages = "137--155",
journal = "Journal of Financial Services Research",
issn = "0920-8550",
publisher = "Springer Netherlands",
number = "2-3",

}

RIS

TY - JOUR

T1 - Bank market structure, competition, and SME financing relationships in European regions

AU - Mercieca, Steve

AU - Schaeck, Klaus

AU - Wolfe, Simon

N1 - Date of Acceptance: 22/04/2009

PY - 2009/12/1

Y1 - 2009/12/1

N2 - How do concentration and competition in the European banking sector affect lending relationships between small and medium sized enterprises (SMEs) and their banks? Recent empirical evidence suggests that concentration and competition capture different characteristics of banking systems. Using a unique dataset on SMEs for selected European regions, we empirically investigate the impact of increasing concentration and competition on the number of lending relationships maintained by SMEs. We find that competition has a positive effect on the number of lending relationships, weak evidence that concentration reduces the number of banking relationships and weak persistent evidence that they tend to offset each other.

AB - How do concentration and competition in the European banking sector affect lending relationships between small and medium sized enterprises (SMEs) and their banks? Recent empirical evidence suggests that concentration and competition capture different characteristics of banking systems. Using a unique dataset on SMEs for selected European regions, we empirically investigate the impact of increasing concentration and competition on the number of lending relationships maintained by SMEs. We find that competition has a positive effect on the number of lending relationships, weak evidence that concentration reduces the number of banking relationships and weak persistent evidence that they tend to offset each other.

KW - SME financing

KW - relatinship banking

KW - bank market structure

U2 - 10.1007/s10693-009-0060-0

DO - 10.1007/s10693-009-0060-0

M3 - Journal article

VL - 36

SP - 137

EP - 155

JO - Journal of Financial Services Research

JF - Journal of Financial Services Research

SN - 0920-8550

IS - 2-3

ER -