The Impact of Organizational Structure and Lending Technology on Banking Competition*

被引：61

作者：

Degryse, Hans ^{[1
]}

Laeven, Luc ^{[1
]}

Ongena, Steven ^{[1
]}

机构：

[1] Tilburg Univ, TILEC, Tilburg, Netherlands

来源：

REVIEW OF FINANCE | 2009年 / 13卷 / 02期

关键词：

G21; L11; L14; INSTRUMENTAL VARIABLES; MULTIMARKET CONTACT; CREDIT MARKETS; INFORMATION; FIRM; INDUSTRY; HIERARCHIES; DISTANCE;

D O I：

10.1093/rof/rfn029

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

We investigate how bank organization shapes banking competition. We show that a bank's geographical lending reach and loan pricing strategy is determined by its own and its rivals' organizational structure. We estimate the impact of organization on the geographical reach and loan pricing of a large bank. We find that the reach of the bank is smaller when rival banks are large and hierarchically organized, have superior communication technology, have a narrower span of organization, and are closer to a decision unit with lending authority. Rival banks' size and the number of layers to a decision unit soften spatial pricing.

引用

页码：225 / 259

页数：35