The Influence of Loan Officers on Loan Contract Design and Performance

2020 ◽  
pp. 101384
Author(s):  
Robert Bushman ◽  
Janet Gao ◽  
Xiumin Martin ◽  
Joseph Pacelli
Keyword(s):  
Contract Design ◽  
And Performance ◽  
Loan Officers ◽  
Loan Contract

The Influence of Loan Officers on Loan Contract Design and Performance

2019 ◽  
Author(s):  
Robert M. Bushman ◽  
Janet Gao ◽  
Xiumin Martin ◽  
Joseph Pacelli
Keyword(s):  
Contract Design ◽  
And Performance ◽  
Loan Officers ◽  
Loan Contract

International franchising and performance: a resource-based perspective

2018 ◽  
Vol 46 (8) ◽  
pp. 744-763 ◽  
Author(s):  
Nabil Ghantous ◽  
Shobha S. Das
Keyword(s):  
Relationship Satisfaction ◽  
Structural Equation ◽  
Contract Design ◽  
Equation Modeling ◽  
Strategic Choices ◽  
Comparative Performance ◽  
Content Type ◽  
International Performance ◽  
And Performance ◽  
The Impact

Purpose The purpose of this paper is to investigate international franchise performance. It focuses on how franchisors conceive their international performance, the drivers of their international performance, and how age-at-entry moderates the impact of their resources and capabilities (R&C) on international performance. Design/methodology/approach Using the lens of the resource-based view of the firm, the authors build on franchisor voice from a qualitative study (n=28) to propose a research model of international franchise performance. A second, quantitative study (n=89) tests the model with PLS structural equation modeling. Findings Franchisors view international performance in terms of relationship satisfaction with foreign franchisees and performance in comparison to competitors. The empirical results show that relationship satisfaction significantly improves comparative performance. Both franchisor-owned resources, the brand and knowhow, enhance only comparative performance, while all three international relational capabilities, related to knowhow transfer, monitoring, and contract design, and both reconfigurational capabilities, related to organizational responsiveness and innovativeness, improve relationship satisfaction. Only contract design and innovativeness increase comparative performance. Finally, late internationalization reinforces franchisor ability to leverage relational and reconfigurational capabilities for better relationship satisfaction. Originality/value This paper contributes to research on international franchise performance. It uses a mixed-method design and offers the first quantitative investigation of the drivers of international franchise performance. This research also integrates the role of franchisor R&C with franchisor strategic choices, through the moderating effect of internationalization timing.

Group Size and Performance: Prediction of Failure by Loan Officers

1981 ◽  
Vol 6 (1) ◽  
pp. 135-143
Author(s):  
K. T. Trotman ◽  
P. W. Yetton ◽  
I. Zimmer
Keyword(s):  
Group Size ◽  
Performance Prediction ◽  
And Performance ◽  
Loan Officers

Group Size and Performance: Prediction of Failure by Loan Officers

1981 ◽  
Vol 6 (2) ◽  
pp. 127-140 ◽  
Author(s):  
K. T. Trotman ◽  
P. W. Yetton ◽  
I Zimmer
Keyword(s):  
Group Size ◽  
Performance Prediction ◽  
And Performance ◽  
Loan Officers

scholarly journals Examining the impact of microfinance on microenterprise performance (implications for women-owned microenterprises in Indonesia)

2016 ◽  
Vol 43 (10) ◽  
pp. 962-981 ◽  
Author(s):  
Adwin Surja Atmadja ◽  
Jen-Je Su ◽  
Parmendra Sharma
Keyword(s):  
Social Capital ◽  
Human Capital ◽  
Business Performance ◽  
Negative Relationship ◽  
Group Leaders ◽  
Content Type ◽  
And Performance ◽  
Loan Officers ◽  
Human And Social Capital ◽  
The Impact

Purpose The purpose of this paper is to examine the impacts of microfinance on women-owned microenterprises’ (WMEs) performance in Indonesia. It especially observes how financial, human and social capital influences performance of enterprises. Design/methodology/approach Data were collected from a survey conducted in Surabaya, Indonesia’s second largest city, covering more than 100 WMEs. The ordered probit technique is applied to estimate the performance vis-à-vis financial, social and human capital relationships. Findings This study finds a negative relationship between performance and financial capital, and positive relationships between performance-human capital and performance-social capital. However, with respect to human capital, the level of education has a marginally significant relationship with performance. Practical implications Microcredit for the purposes of enhancing business performance might not necessarily be a good idea, if it is unable to generate higher returns. As a business develops, the volume of microcredit should be reduced, and replaced by owners’ own savings and retained profits. Regarding the non-financial factors, it might be useful for policy makers to contemplate providing incentives for spouse involvement in microenterprises run by women, and to consider them in designing credit policies. Group meetings activities should be extended to facilitate members to engage in business-related conversations and to develop social relationships. The ability of loan officers and group leaders to facilitate such conversations appears important. Originality/value To the best of the authors’ knowledge, this study provides the first in-depth understanding of the role of microfinance programmes in the case of performance of WMEs in Indonesia, one of the world’s most populous economies.

scholarly journals Performance-based contract for non-revenue water reduction – case study Bahrain

2018 ◽  
Vol 19 (4) ◽  
pp. 1073-1079 ◽  
Author(s):  
J. Dalton
Keyword(s):  
Knowledge Transfer ◽  
Project Success ◽  
Contract Design ◽  
Pressure Control ◽  
Percentage Points ◽  
Non Revenue Water ◽  
And Performance ◽  
Reduction Case ◽  
Real Losses

Abstract A performance-based contract (PBC) for non-revenue water (NRW) reduction was executed in the Muharraq Governorate of the Kingdom of Bahrain between 2013 and 2016. The contract included a mixture of fixed and performance-based payment terms. The performance element included the establishment of 35 District Metered Areas (DMAs) and the targeted reduction of NRW by 15 percentage points within the project catchment. The contract was a partnership between the contractor and the utility, whereby the contractor undertook the investigative work, while the utility was responsible for executing all resulting construction activities. A number of important lessons were learnt that should be applied to future projects. The contract design arguably placed too much risk upon the contractor. The original project timescale proved to be completely unrealistic. The data collected following DMA establishment enabled the cause of NRW in each DMA to be determined and the appropriate action taken. The quick win for real losses was automated pressure control, while permanent monitoring of large industrial users represented the same for apparent losses. Knowledge transfer to the utility proved to be arguably more important than achievement of contractual NRW targets. The contractor–utility working relationship proved crucial in facilitating eventual project success.

Bank Skin in the Game and Loan Contract Design: Evidence from Covenant-Lite Loans

2016 ◽  
Vol 51 (3) ◽  
pp. 839-873 ◽  
Author(s):  
Matthew T. Billett ◽  
Redouane Elkamhi ◽  
Latchezar Popov ◽  
Raunaq S. Pungaliya
Keyword(s):  
Moral Hazard ◽  
Agency Problems ◽  
Contract Design ◽  
Hockey Stick ◽  
Dual Agency ◽  
Low Threshold ◽  
Loan Contract

AbstractIn a model of dual-agency problems where borrower–lender and bank–nonbank incentives may conflict, we predict a hockey stick relation between bank skin in the game and covenant tightness. As bank participation declines, covenant tightness increases until reaching a low threshold, at which point the relation sharply reverses and covenant protection is removed with a commensurate increase in spread. We find support for the hockey stick relation with bank’s stake in covenant-lite loans averaging 8% (0% median). We also find that covenant-lite loans are more likely when borrower moral hazard is less severe and when bank relationship rents are high.

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