Title

Bank Influence, Firm Performance And Survival: Empirical Evidence From Germany 1970-1986

Keywords

Banks; Corporate governance; Germany; Performance; Survival

Abstract

This paper systematically investigates the impact of bank-influence on firm performance and survival in Germany. Close bank-firm relationships and concentrated ownership which characterize the Japanese and German financial and governance systems are often credited with reducing agency problems and improving monitoring of firm activities, thus improving firm performance and the chances of survival. Empirical results reveal that bank influenced firms have higher survival rates than independent firms. However, firm growth appears to be independent of bank influence and negatively related to firm size.

Publication Date

1-1-2003

Publication Title

Corporate Ownership and Control

Volume

1

Issue

2

Number of Pages

65-70

Document Type

Article

Personal Identifier

scopus

DOI Link

https://doi.org/10.22495/cocv1i2p5

Socpus ID

49749104278 (Scopus)

Source API URL

https://api.elsevier.com/content/abstract/scopus_id/49749104278

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