Equity-Holding Institutional Lenders: Do they Receive Better Terms?
NBER Working Paper No. 17856
---- Acknowledgements ----
We would like to thank Zhenyi Huang and Jongsik Park for excellent research assistance, and participants in a seminar at Ohio State University, as well as Zahi Ben-David, Isil Erel, John Howe, Robert Prilmeier, Shastri Sandy, Berk Sensoy, René Stulz, and Jun Yang for helpful suggestions. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.