Matches in SemOpenAlex for { <https://semopenalex.org/work/W3124458664> ?p ?o ?g. }
- W3124458664 endingPage "479" @default.
- W3124458664 startingPage "449" @default.
- W3124458664 abstract "We investigate whether the societal-level social capital enjoyed by firms affects the cost of their bank loans. Employing a measure of societal-level social capital for U.S. counties, we find that firms with higher societal-level social capital are associated with lower loan spreads. To further identify causality, we explore two events: Using a sample of firms that relocate their headquarters for tax reasons, we find that firms that move to lower (higher) social capital counties experience a higher (lower) cost of bank loans following relocations. The second event was the terrorist attack on September 11, 2001. After the disaster, social capital in affected counties—mainly in the State of New York, the State of Virginia, and adjacent counties—increased through social capital building efforts. We show that firms headquartered in the affected counties experience significantly lower loan spreads than other firms after the attack. Our findings contribute to the understanding of how societal-level social capital promotes economic development through its impact on financing costs." @default.
- W3124458664 created "2021-02-01" @default.
- W3124458664 creator A5015836781 @default.
- W3124458664 creator A5022385999 @default.
- W3124458664 creator A5035357636 @default.
- W3124458664 creator A5053949614 @default.
- W3124458664 date "2017-08-19" @default.
- W3124458664 modified "2023-10-12" @default.
- W3124458664 title "Bowling Alone, Bowling Together: Is Social Capital Priced in Bank Loans?" @default.
- W3124458664 cites W1596185048 @default.
- W3124458664 cites W1965292665 @default.
- W3124458664 cites W1996666670 @default.
- W3124458664 cites W2018504450 @default.
- W3124458664 cites W2033405461 @default.
- W3124458664 cites W2044795179 @default.
- W3124458664 cites W2064129581 @default.
- W3124458664 cites W2076035820 @default.
- W3124458664 cites W2102716630 @default.
- W3124458664 cites W2129556639 @default.
- W3124458664 cites W2129892168 @default.
- W3124458664 cites W2162614344 @default.
- W3124458664 cites W2322350880 @default.
- W3124458664 cites W2517988319 @default.
- W3124458664 cites W2580010294 @default.
- W3124458664 cites W2810094550 @default.
- W3124458664 cites W3121973884 @default.
- W3124458664 cites W3122187932 @default.
- W3124458664 cites W3122304975 @default.
- W3124458664 cites W3122547505 @default.
- W3124458664 cites W3122594041 @default.
- W3124458664 cites W3122621141 @default.
- W3124458664 cites W3122632517 @default.
- W3124458664 cites W3122723388 @default.
- W3124458664 cites W3122760969 @default.
- W3124458664 cites W3123344732 @default.
- W3124458664 cites W3123506789 @default.
- W3124458664 cites W3124319942 @default.
- W3124458664 cites W3124804337 @default.
- W3124458664 cites W3124963659 @default.
- W3124458664 cites W3125077614 @default.
- W3124458664 cites W3125657343 @default.
- W3124458664 cites W3125822680 @default.
- W3124458664 cites W3125856240 @default.
- W3124458664 cites W4235608110 @default.
- W3124458664 cites W4238985939 @default.
- W3124458664 cites W4376596650 @default.
- W3124458664 doi "https://doi.org/10.1177/0148558x17724890" @default.
- W3124458664 hasPublicationYear "2017" @default.
- W3124458664 type Work @default.
- W3124458664 sameAs 3124458664 @default.
- W3124458664 citedByCount "18" @default.
- W3124458664 countsByYear W31244586642017 @default.
- W3124458664 countsByYear W31244586642018 @default.
- W3124458664 countsByYear W31244586642019 @default.
- W3124458664 countsByYear W31244586642020 @default.
- W3124458664 countsByYear W31244586642021 @default.
- W3124458664 countsByYear W31244586642022 @default.
- W3124458664 countsByYear W31244586642023 @default.
- W3124458664 crossrefType "journal-article" @default.
- W3124458664 hasAuthorship W3124458664A5015836781 @default.
- W3124458664 hasAuthorship W3124458664A5022385999 @default.
- W3124458664 hasAuthorship W3124458664A5035357636 @default.
- W3124458664 hasAuthorship W3124458664A5053949614 @default.
- W3124458664 hasBestOaLocation W31244586642 @default.
- W3124458664 hasConcept C10138342 @default.
- W3124458664 hasConcept C11413529 @default.
- W3124458664 hasConcept C144133560 @default.
- W3124458664 hasConcept C162324750 @default.
- W3124458664 hasConcept C166957645 @default.
- W3124458664 hasConcept C17744445 @default.
- W3124458664 hasConcept C199539241 @default.
- W3124458664 hasConcept C205649164 @default.
- W3124458664 hasConcept C2777764128 @default.
- W3124458664 hasConcept C29122968 @default.
- W3124458664 hasConcept C34447519 @default.
- W3124458664 hasConcept C41008148 @default.
- W3124458664 hasConcept C4249254 @default.
- W3124458664 hasConcept C48103436 @default.
- W3124458664 hasConcept C68062652 @default.
- W3124458664 hasConcept C74734477 @default.
- W3124458664 hasConcept C83646750 @default.
- W3124458664 hasConceptScore W3124458664C10138342 @default.
- W3124458664 hasConceptScore W3124458664C11413529 @default.
- W3124458664 hasConceptScore W3124458664C144133560 @default.
- W3124458664 hasConceptScore W3124458664C162324750 @default.
- W3124458664 hasConceptScore W3124458664C166957645 @default.
- W3124458664 hasConceptScore W3124458664C17744445 @default.
- W3124458664 hasConceptScore W3124458664C199539241 @default.
- W3124458664 hasConceptScore W3124458664C205649164 @default.
- W3124458664 hasConceptScore W3124458664C2777764128 @default.
- W3124458664 hasConceptScore W3124458664C29122968 @default.
- W3124458664 hasConceptScore W3124458664C34447519 @default.
- W3124458664 hasConceptScore W3124458664C41008148 @default.
- W3124458664 hasConceptScore W3124458664C4249254 @default.
- W3124458664 hasConceptScore W3124458664C48103436 @default.
- W3124458664 hasConceptScore W3124458664C68062652 @default.
- W3124458664 hasConceptScore W3124458664C74734477 @default.
- W3124458664 hasConceptScore W3124458664C83646750 @default.