Related Lending and Banking Development

Does related lending have positive or negative effects on the development of banking systems? This paper analyzes a unique cross-country data set covering 74 countries from 1990 to 2007, and finds that related lending, on average, does not have any...

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Bibliographic Details
Main Authors:	Cull, Robert, Haber, Stephen, Imai, Masami
Format:	Policy Research Working Paper
Language:	English
Published:	2012
Subjects:	AFFILIATE ALLOCATION OF CAPITAL AMOUNT OF LOANS ASSET MANAGEMENT ASYMMETRIC INFORMATION BALANCE SHEET BANK BRANCH BANK CREDIT BANK DEPOSITS BANK LENDING BANK OWNERS BANK POLICY BANK REGULATION BANK REGULATIONS BANK RESTRUCTURING BANKING CRISES BANKING CRISIS BANKING LAW BANKING MARKET BANKING SECTOR BANKING SECTOR DEVELOPMENT BANKING SECTORS BANKING SYSTEM BANKING SYSTEM STABILITY BANKING SYSTEMS BANKRUPTCY BANKS BARRIER TO ENTRY CAPITAL ALLOCATION CAPITAL MARKET CAPITAL MARKETS CAPITALIZATION CHECKS COMPARATIVE ADVANTAGE COMPARATIVE ECONOMICS CONFLICTS OF INTEREST CORPORATE FINANCE CORPORATE GOVERNANCE CORRUPTION CREDIBILITY CREDIBILITY PROBLEM CREDIT AVAILABILITY CREDIT EXPANSION CREDIT GROWTH CRISIS COUNTRIES DEPENDENT DEPOSIT DEPOSIT INSURANCE DEPOSIT INSURANCE AGENCY DEPOSIT INSURANCE COVERAGE DEPOSIT MONEY BANKS DEPOSITOR DEPOSITORS DEPOSITS DEREGULATION DEVELOPING COUNTRIES DEVELOPMENT POLICY DIVIDENDS DUMMY VARIABLE ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC HISTORY ECONOMIC PERFORMANCE ECONOMICS ENTREPRENEURSHIP EQUITY CAPITAL EXPLICIT DEPOSIT INSURANCE EXTERNAL AUDITORS EXTERNAL FINANCE FINANCIAL CRISES FINANCIAL CRISIS FINANCIAL DEVELOPMENT FINANCIAL FRAGILITY FINANCIAL INSTITUTIONS FINANCIAL INTERMEDIATION FINANCIAL MARKETS FINANCIAL SECTOR FINANCIAL STRUCTURE FINANCIAL STUDIES FINANCIAL SUPPORT FINANCIAL SYSTEM FRAUD GDP GDP PER CAPITA GOVERNMENT INTERVENTION GOVERNMENT OWNERSHIP GROWTH RATE INDUSTRIALIZATION INFLATION INFLATION RATE INFORMATION ASYMMETRIES INSIDER LENDING INSOLVENT INSTITUTIONAL ENVIRONMENT INSTITUTIONAL REFORM INSTRUMENT INTERNAL ORGANIZATIONAL STRUCTURE INTERNATIONAL BANK INTERNATIONAL CAPITAL INTERNATIONAL CAPITAL MARKETS INTERNATIONAL FINANCIAL INSTITUTIONS INTERNATIONAL FINANCIAL STATISTICS INVESTING INVESTMENT CHOICES JUDICIAL SYSTEMS LAWS LEGAL ACTION LENDER LESS DEVELOPED COUNTRIES LIABILITY LIQUIDITY LOAN LOAN REPAYMENT LOCAL MARKETS LONG-TERM FINANCE MACROECONOMIC CONTROLS MACROECONOMIC VARIABLES MACROECONOMICS MARKET DISCIPLINE MARKET STRUCTURE MERGERS MINORITY SHAREHOLDERS OWNERSHIP RIGHTS OWNERSHIP STRUCTURE POLITICAL ECONOMY POLITICAL INSTITUTIONS POSITIVE COEFFICIENT POSITIVE COEFFICIENTS POSITIVE EFFECTS PRIVATE CREDIT PROPERTY RIGHTS PROPERTY RIGHTS PROTECTION REAL GDP REGULATORY AUTHORITIES REGULATORY RESTRICTIONS REORGANIZATION RULE OF LAW SECURITIES SECURITIES MARKETS SHAREHOLDER SHAREHOLDER RIGHTS SOCIAL COHESION STOCK MARKET STOCK MARKET CAPITALIZATION STOCK MARKETS SUPERVISORY AGENCY SUPERVISORY AUTHORITIES SUPERVISORY AUTHORITY SUPERVISORY POWER SUPERVISORY POWERS SYSTEMIC CRISIS TRANSITION ECONOMIES TREASURY UNIVERSAL BANKING VALUE ADDED WEALTH
Online Access:	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20110217083521 http://hdl.handle.net/10986/3337