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Banking Concentration and Firm Growth: The Impact of Size, Location and Financial Crisis

  • Sophia DimelisEmail author
  • Ioannis Giotopoulos
  • Helen Louri
Conference paper
Part of the Springer Proceedings in Business and Economics book series (SPBE)

Abstract

Using conditional quantile regressions for a panel of listed firms from euro-area countries in the 2005–2011 period, we explore the role of banking concentration in firm growth between micro and larger firms; pre-crisis and post-crisis years; periphery and core countries. The results provide evidence on the differentiated role of banking concentration in firms exhibiting different growth rates, depending at the same time on firm size, firm location and the financial crisis.

Keywords

Firm growth Banking concentration Crisis Euro area periphery High-growth firms Low-growth firms Panel quantile regressions 

JEL Classification

L10 L25 E51 

Notes

Acknowledgement

We would like to thank the reviewers for insightful comments and suggestions.

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Copyright information

© Springer Nature Switzerland AG 2018

Authors and Affiliations

  • Sophia Dimelis
    • 1
    Email author
  • Ioannis Giotopoulos
    • 2
  • Helen Louri
    • 3
    • 4
  1. 1.Department of InformaticsAthens University of Economics and BusinessAthensGreece
  2. 2.Department of EconomicsUniversity of PeloponnesePeloponneseGreece
  3. 3.Department of EconomicsAthens University of Economics and BusinessAthensGreece
  4. 4.London School of Economics, EI/HOLondonUK

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