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Institutions, Bailout Policies, and Bank Loan Contracting: Evidence from Korean Chaebols

Raoul Minetti and Sung-Guan Yun.

in Review of Finance

October 2015; p ublished online January 2015 .

Journal Article. Subjects: Development Planning and Policy; Economics; Economic Growth and Aggregate Productivity; Corporate Governance. 18757 words.

In emerging economies, institutional and regulatory constraints can distort loan contracting and, hence, the incentives of lenders and borrowers. Studying the South Korean syndicated loan...

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