Hometown Lending
(2020)
Journal Article
Lim, I., & Nguyen, D. D. (2021). Hometown Lending. Journal of Financial and Quantitative Analysis, 56(8), 2894-2933. https://doi.org/10.1017/s0022109020000769
Banks open more branches and make more lending near their Chief Executive Officers’ (CEOs) childhood hometowns. The effects are stronger among informationally opaque borrowers and among CEOs who spend more time in their childhood hometowns. Furthermo... Read More about Hometown Lending.