Junyang Yin
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Non-bank lending and firm performance: Evidence from the syndicate loan market
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Defect Passivation and Growth Regulation with CdAc2 Additive Enable Improved Efficiency of Pure‐Blue Quasi‐2D Perovskite Light‐Emitting Diodes
Conflict of Interest The authors declare no conflict of interest. Supporting Information Filename Description pssa70024-sup-0001-SuppData-S1.pdf3 MB Supplementary Material References 1a) , , , , , , , , , , , , . Nature 2022, 611, 688–694; b) , , , , , , , , . Nat. Commun. 2014, 5, 3586; c) . Nat. Photonics 2016, 10, 295–302; d) , , , , , , , , . Nat. Photonics 2018, 12, 681–687; e) , , , , , , , , , , , , , , , , . Nature 2018, 555, 497–501; f) , , , , , , , , , , , . Nat. Photonics 2023, 17, 401–407.
Uncertainty and loan pricing for public and private firms: evidence from the Brexit referendum
Abstract We examine the impact of uncertainty on loan pricing for public and private firms in the UK, using the 2016 Brexit referendum as an exogenous shock of uncertainty. We find that uncertainty leads to a significantly higher cost of borrowing for private firms relative to public firms. However, firm-level foreign exposure, i.e. foreign sales and subsidiaries in the foreign markets, mitigates the adverse impact of uncertainty on loan prices more for private firms than public firms.
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