HOW BANKING MARKET COMPETITION AND BANK RELATIONSHIPS AFFECT SMALL FIRM LIQUIDITY

Авторы

  • Boburjon Furkatovich Odilov Tashkent institute of finance
  • Davron Ravshanovich Shayakubov Tashkent institute of finance

DOI:

https://doi.org/10.15350/24103586.2022.8.35-38

Аннотация

This article aims to investigate the effects of relationship banking and banking market rivalry on small firm liquidity. Our major objective is to determine how bank market concentration and relationship banking affect the three crucial acts of small business liquidity (cash funds, line-ups of credit, and employment credit), both separately and collectively. Due to their significance for small firm ’s profitability, value, and sustainability, we concentrate on cash assets (Harford et al., 2008; Mach and Wolken, 2011). Despite this, there have been just two prior studies of small firm cash holdings that we are aware of (Garca-Teruel and Martnez-Solano, 2008; Faulkender, 2002). Likewise, even though credit lines remain also a shared source of small firm liquidness (Sufi, 2009), previous findings have normally aimed on credit line practice by large businesses (Acharya et al., 2013).

Библиографические ссылки

Abbas, F., & Ali, S. (2020). Dynamics of bank capital ratios and risk-taking: Evidence from US commercial banks. Cogent Economics & Finance, 8(1), 1838693. [Taylor & Francis Online], [Web of Science ®], [Google Scholar]

Abbas, F., & Ali, S. (2021). Dynamics of diversification and banks' risk‐taking and stability: Empirical analysis of commercial banks. Manage Decis Econ, https://doi.org/10.1002/mde.3434 [Crossref], [Web of Science ®], [Google Scholar]

Abbas, F., & Ali, S. (2021). Economics of loan growth, credit risk and bank capital in Islamic banks. Kybernetes, ahead-of-print (ahead–of–print 0368-492X), https://doi.org/10.1108/K-03-2021-0232 [Google Scholar]

Abbas, F., Ali, S., Moudud-Ul-Huq, S., & Naveed, M. (2021). Nexus between bank capital and risk-taking behaviour: Empirical evidence from US commercial banks. Cogent Business & Management, 8(1), https://doi.org/10.1080/23311975.2021.1947557 [Taylor & Francis Online], [Web of Science ®], [Google Scholar]

Ali, S., Yousaf, I., & Naveed, M. (2020). Role of credit rating in determining capital structure: Evidence from non-financial sector of Pakistan. Studies of Applied Economics, 38(3). doi: https://doi.org/10.25115/eea.v38i3.3066 [Crossref], [Google Scholar]

Amidu, M., & Wolfe, S. (2013). Does bank competition and diversification lead to greater stability? Evidence from emerging markets. Review of Development Finance, 3(3), 152–166. [Crossref], [Google Scholar]

Arellano, M., & Bover, O. (1995). Another look at the instrumental-variable estimation of error-components. Journal of Econometrics, 68(1), 29–52. [Crossref], [Web of Science ®], [Google Scholar]

Ariss, R. T. (2010). On the implications of market power in banking: Evidence from developing countries. Journal of Banking & Finance, 34(4), 765–775. [Crossref], [Web of Science ®], [Google Scholar]

Bawazira, H., Degl’innocentia, M., & Wolfea, S. (2018). Bank market power and liquidity creation. European Financial Management Association (EFMA) Library. [Google Scholar]

Boyd, J. H., & De Nicolo, G. (2005). The theory of bank risk taking and competition revisited. The Journal of finance, 60(3), 1329–1343. [Crossref], [Web of Science ®], [Google Scholar]

Bryant, J. (1980). A model of reserves, bank runs, and deposit insurance. Journal of Banking & Finance, 4(4), 335–344. [Crossref], [Web of Science ®], [Google Scholar]

Carbo, S., Humphrey, D., Maudos, J., & Molyneux, P. (2009). Cross-country comparisons of competition and pricing power in European banking. Journal of International Money and Finance, 28(1), 115–134. [Crossref], [Web of Science ®], [Google Scholar]

Casu, B., Di Pietro, F., & Trujillo-Ponce, A. (2019). Liquidity creation and bank capital. Journal of Financial Services Research, 56(3), 307–340. [Crossref], [Web of Science ®], [Google Scholar]

Загрузки

Опубликован

2022-10-30

Как цитировать

Odilov , B. F., & Shayakubov , D. R. (2022). HOW BANKING MARKET COMPETITION AND BANK RELATIONSHIPS AFFECT SMALL FIRM LIQUIDITY. Учёный XXI века, (8), 35–38. https://doi.org/10.15350/24103586.2022.8.35-38

Выпуск

Раздел

Гуманитарные и общественные науки