| dc.contributor | 財管系 | |
| dc.creator (作者) | 黃嘉威 | |
| dc.creator (作者) | Huang, Chia-Wei;Ho, Po-Hsin;Lin, Chih-Yung;Yen, Ju-Fang | |
| dc.date (日期) | 2025-09 | |
| dc.date.accessioned | 2025-11-14 | - |
| dc.date.available | 2025-11-14 | - |
| dc.date.issued (上傳時間) | 2025-11-14 | - |
| dc.identifier.uri (URI) | https://ah.lib.nccu.edu.tw/item?item_id=179800 | - |
| dc.description.abstract (摘要) | In this paper, we investigate how similar risk attitudes among banks and borrowers influence lending relationships. Our findings show that greater alignment in risk attitudes significantly increases the likelihood of loan initiation and reduces the borrowing firms’ financing costs. In addition, we use a two-stage least squares with an instrumental variable, borrower-lender pair fixed effect, a change regression, and propensity score matching to address endogeneity and self-selection concerns. We also find that similar risk attitudes are associated with larger loan amounts, fewer financial covenants, and fewer collateral requirements. These insights enhance our understanding of bank-firm matching mechanisms, the influence of risk attitude on policy decisions, and the key determinants of loan contracting. | |
| dc.format.extent | 106 bytes | - |
| dc.format.mimetype | text/html | - |
| dc.relation (關聯) | Review of Quantitative Finance and Accounting | |
| dc.subject (關鍵詞) | Risk attitude; Bank loan contracting; Bank-borrower match; Financing cost; Non-price terms | |
| dc.title (題名) | Risk attitude homophily and bank loan contracting | |
| dc.type (資料類型) | article | |
| dc.identifier.doi (DOI) | 10.1007/s11156-025-01451-z | |
| dc.doi.uri (DOI) | https://doi.org/10.1007/s11156-025-01451-z | |
