Changing Bank Lending Behavior and Corporate Financing in Asia: Some Research Issues

Publication | December 2003

This paper seeks to outline a number of issues relating to banking lending and corporate finance that deserve further research attention. The main purpose is to identify research issues and raise questions, rather than to propose solutions and answers. Specifically, the issues identified fall into the following five broad categories: (i) reasons for bank lending changes, (ii) substitutes for bank lending, (iii) implications for firms, (iv) implications for banks, and (v) implications for the financial and corporate structures. Research on these and other issues can shed light on likely directions of financial sector reforms in Asia.


  • Abstract
  • Introduction
  • Recent Economic Performance and Bank Lending Behavior in Asia
  • Changes in Bank Lending and Corporate Financing-Some Research Issues
  • Concluding Remarks
  • References