The DOI matches its Crossref record; 3 of the 3 references it cites were found in a registry or an index.
Capital market frictions and the role of internal capital markets in banking
Overview
Integrity signals
Registry
Cites
Statistics
Verification
Claims the paper makes
Claims other papers make about this one
Each is checked against this paper’s own text: does it say what the citing paper says it does?
Loan growth was less constrained by the bank's financial condition if the bank was part of a multibank holding company than if it was unaffiliated.
“Supporting this view, it was found that loan growth was less constrained by the bank's ®nancial condition if the bank was part of a multibank holding company than if it was unaliated.”
From The economics of small business finance: The roles of private equity and debt markets in the financial growth cycle (1998) · cites this paper as Houston et al., 1997
What was most important for lending by affiliated banks was the financial condition of their holding company.
“Instead, what was most important for lending by aliated banks was the ®nancial condition of their holding company (Houston et al., 1997;Houston and James, 1998).”
From The economics of small business finance: The roles of private equity and debt markets in the financial growth cycle (1998) · cites this paper as Houston et al., 1997
Citations
Cites
Sample Selection Bias as a Specification Error
Heckman, J. J. (1979) · Econometrica · doi:10.2307/1912352 · Cited by 28,779
Corporate financing and investment decisions when firms have information that investors do not have
Myers, S. C., & Majluf, N. S. (1984) · Journal of Financial Economics · doi:10.1016/0304-405x(84)90023-0 · Cited by 18,957
Financial intermediation and delegated monitoring
Diamond, D. W. (1984) · The Review of Economic Studies · doi:10.2307/2297430 · Cited by 8,476
Flagged first, then by citations
Research works printed but not linked: 26
- Berger, 1994, Did risk-based capital allocate bank credit and cause a ‘credit crunch’ in the US.?, Journal of Money, Credit, and Banking, 26, 585, 10.2307/2077994 · DOI
- Berlin, 1988, Bond covenants and delegated monitoring, The Journal of Finance, 43, 397, 10.2307/2328467 · DOI
- Bernanke, 1992, The federal funds rate and the channels of monetary transmission, American Economic Review, 901
- Bernanke, 1994, The financial accelerator and the flight to quality, 10.3386/w4789 · DOI
- Diamond, 1991, Monitoring and reputation: the choice between bank loans and directly placed debt, Journal of Political Economy, 99, 689, 10.1086/261775 · DOI · Paper page
- Diamond, 1993, Seniority and maturity of debt contracts, Journal of Financial Economics, 33, 341, 10.1016/0304-405X(93)90011-Y · DOI
- Fama, 1985, What's different about banks?, Journal of Monetary Economics, 15, 29, 10.1016/0304-3932(85)90051-0 · DOI
- Fazzari, 1988, Financing constraints and corporate investment, Brookings Papers on Economic Activity, 1, 141, 10.2307/2534426 · DOI · Paper page
- Froot, 1996, Risk management, capital budgeting and capital structure policy for financial institutions: an integrated approach, 10.3386/w5403 · DOI
- Houston, 1996, Bank information monopolies and the mix of private and public debt claims, Journal of Finance, 51, 1863, 10.2307/2329541 · DOI
- Hubbard, 1994, Is there a ‘credit channel’ for monetary policy?, 10.3386/w4977 · DOI
- James, 1987, Some evidence on the uniqueness of bank loans, Journal of Financial Economics, 19, 217, 10.1016/0304-405X(87)90003-1 · DOI · Paper page
- James, 1996, RAROC at bank of America: from theory to practice, Journal of Applied Corporate Finance, 9, 83, 10.1111/j.1745-6622.1996.tb00117.x · DOI
- Kashyap, 1994, The impact of monetary policy on bank balance sheets, 10.3386/w4821 · DOI
- Kashyap, 1993, Monetary policy and credit conditions: Evidence from the composition of external finance, American Economic Review, 83, 178
- Lamont, 1997, Cashflow and investment: evidence from internal capital markets, J. Finance, 52, 83, 10.2307/2329557 · DOI
- Lummer, 1989, Further evidence on the bank lending process and the capital market response to bank loan agreements, Journal of Financial Economics, 25, 99, 10.1016/0304-405X(89)90098-6 · DOI · Paper page
- Mikkelson, 1986, Valuation effects of security offerings and the issuance process, Journal of Financial Economics, 15, 31, 10.1016/0304-405X(86)90049-8 · DOI · Paper page
- Peek, 1992, The capital crunch in New England, New England Economic Review, Federal Reserve Bank of Boston, 21
- Petersen, 1994, The benefits of firm-creditor relationships: evidence from small business data, Journal of Finance, 49, 3, 10.2307/2329133 · DOI
- Rajan, 1992, Insiders and outsiders: the choice between informed and arm's length debt, Journal of Finance, 47, 1367, 10.2307/2328944 · DOI
- Sharpe, 1995, Bank capitalization, regulation, and the credit crunch: a critical review of the research findings
- Slovin, 1991, The information content of multiple seasoned common stock offerings by bank holding companies, Journal of Banking and Finance, 15, 633, 10.1016/0378-4266(91)90089-5 · DOI
- Stein, 1997, Internal capital markets and the competition for corporate resources, Journal of Finance, 52, 111, 10.2307/2329558 · DOI
- Thakor, 1996, Capital requirements, monetary policy, and aggregate bank lending: theory and empirical evidence, Journal of Finance, 51, 279, 10.2307/2329310 · DOI
- Walter, 1991, Loan Loss Reserves. Economic Review, Federal Reserve Bank of Richmond, 77, 20
Cited by
Sorted by citations
N. Berger, A., & F. Udell, G. (1998) · Journal of Banking & Finance · doi:10.1016/s0378-4266(98)00038-7 · Cited by 3,690
Metadata
- Authors
- Houston, J., James, C., & Marcus, D.
- Affiliations
- University of Florida (US)
- Corresponding author
- James, Christopher
- Venue
- Journal of Financial Economics
- Publisher
- Elsevier BV
- Published
- 1997-11
- Volume
- 46
- Issue
- 2
- Pages
- 135-164
- ISSN
- 0304-405X (ISSN-L)
- OpenAlex
- W2094075675
- Cited by
- 464
- References
- 3
- Citations by year
- 2026: 8 · 2025: 17 · 2024: 8 · 2023: 11 · 2022: 22 · 2021: 18 · 2020: 19 · 2019: 15 · 2018: 17 · 2017: 19 · 2016: 18 · 2015: 18 · 2014: 26 · 2013: 15 · 2012: 35
- FWCI
- 22.70
- Type
- journal article
- Language
- en
- Open access
- closed
- Locations
- Journal of Financial Economics (publishedVersion)
- RePEc: Research Papers in Economics (submittedVersion)
- Funders
- University of North Carolina at Chapel Hill
- Topics
- Social Sciences › Economics, Econometrics and Finance › Finance › Banking stability, regulation, efficiency
- Social Sciences › Economics, Econometrics and Finance › Finance › Corporate Finance and Governance
- Social Sciences › Business, Management and Accounting › Accounting › Financial Analysis and Corporate Governance
- Keywords
- capital market frictions, internal capital markets, bank holding companies, bank subsidiaries, credit growth, cash flow sensitivity, capital allocation, external financing costs, capital requirements, monetary policy effectiveness
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
Are you an author, or do you see a problem with this page? Request a review
