Details

Autor(en) / Beteiligte

• Zhao, Tianshu
• Luintel, Kul B.
• Matthews, Kent

Titel

Soft information and the geography of SME bank lending

Ist Teil von

• Regional studies, 2021-04, Vol.55 (4), p.679-692

Ort / Verlag

Cambridge: Routledge

Erscheinungsjahr

2021

Quelle

PAIS Index

Beschreibungen/Notizen

• This paper explores the geography of bank lending to small and medium-sized enterprises (SMEs) and tests the argument that large institutions with complex organizational structures are better able to filter 'hard' information than 'soft' information. Mortgage lending is used as a control to illustrate the case of 'hard' and 'soft' information. Using data on individual bank lending to SMEs and mortgages by postcode area in Great Britain for the period 2013(2)-2014(4), the paper explains the spatial dispersion of SME lending in the UK in terms of geographical distance and supports the policy of establishing a geographically decentralized financial system as a counterbalance.