HIGHLIGHTS
- who: Relationship Lending and collaborators from the LUISS Guido Carli University Department of Business and Management have published the article: Relationship Lending and Employment Decisions in Firms u2019 Bad Times, in the Journal: (JOURNAL)
- what: Using firm-level survey information the authors investigate whether affects firms` decisions in the face of negative sales shock. To empirically explore whether a durable banking relationship affects a firm`s response to a drop in sales, the authors examine a representative sample of Italian manufacturing firms. As the objective is to study firms` reaction to idiosyncratic shocks, the main . . .
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