Information Sharing, Holdup, and External Finance: Evidence from Private Firms
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DOI: 10.1093/rfs/hhy110
Abstract: To mitigate holdup by an informed incumbent lender, a private borrower may publicly share information in order to increase lender competition. Despite proprietary costs, a subset of private borrowers voluntarily share private information in loan… read more here.
Keywords: information; finance; information sharing; holdup external ... See more keywords