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Talk to your bank, monitor your accounts, use a secret code if your bank or credit union offers it.
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What if a bank monitoring its transactions could spot an imminent attack by a terrorist cell?
This work often focuses on entrepreneurs and privately held firms, and examines bank monitoring, bank specialization, hard and soft information, financial regulation, and relationship lending.
Further analysis indicates that the increased tax avoidance can be attributed to enhanced bank monitoring after covenant violations.
While some bank monitoring can constrain managerial opportunism and thereby benefit debtholders and shareholders, banks also protect themselves against actions that benefit shareholders at the expense of debtholders.
This heterogeneous reaction to covenant violation is consistent with the argument that poorly governed firms benefit more from enhanced bank monitoring.
Ho, Virginia Harper (2018) "Sustainable Finance & China's Green Credit Reforms: A Test Case for Bank Monitoring of Environmental Risk," Cornell International Law Journal: Vol. 51 : No. 3, Article 3.
Studies have stressed how bank monitoring improves borrowing firms' corporate governance, implicitly assuming that the incentives of shareholders and debtholders are aligned regarding corporate governance.
A measure of import prices, which the central bank monitors for signs of inflation, rose at a slower pace in May, according to a Labor Department report released yesterday.
This study uses covenant violations to provide evidence on how firms make disclosure decisions in the presence of enhanced bank monitoring.
In our model the banking sector exhibits both adverse selection and moral hazard, which implies that the social benefits of bank monitoring must for incentive reasons be shared between depositors and banks.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com