Cross-ownership and collateral in lending
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DOI: 10.1016/j.irfa.2020.101572
Abstract: Abstract Information asymmetry is a major obstacle in both formal and informal loan markets. However, when a borrower and a lender are connected via cross-ownership, this obstacle can be significantly reduced. Cross-ownership enables lenders to… read more here.
Keywords: ownership collateral; collateral lending; cross ownership; cross ... See more keywords