{"id":"https://openalex.org/W4200380313","doi":"https://doi.org/10.1287/mnsc.2021.4188","title":"Credit Stimulus, Executive Ownership, and Firm Leverage","display_name":"Credit Stimulus, Executive Ownership, and Firm Leverage","publication_year":2021,"publication_date":"2021-12-14","ids":{"openalex":"https://openalex.org/W4200380313","doi":"https://doi.org/10.1287/mnsc.2021.4188"},"language":"en","primary_location":{"id":"doi:10.1287/mnsc.2021.4188","doi":"https://doi.org/10.1287/mnsc.2021.4188","is_oa":false,"landing_page_url":"https://doi.org/10.1287/mnsc.2021.4188","pdf_url":null,"source":{"id":"https://openalex.org/S33323087","display_name":"Management Science","issn_l":"0025-1909","issn":["0025-1909","1526-5501"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","erih-plus","fnege-1-star","ft50","jufo-3","ki-jl-1","norway-2","poland-200","russia-white-list-1","utd24","vabb-shw"],"host_organization":"https://openalex.org/P4310315699","host_organization_name":"Institute for Operations Research and the Management Sciences","host_organization_lineage":["https://openalex.org/P4310315699"],"host_organization_lineage_names":["Institute for Operations Research and the Management Sciences"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Management Science","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://durham-repository.worktribe.com/output/1174414","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5003877552","display_name":"Rajdeep Chakraborti","orcid":"https://orcid.org/0000-0003-3837-9565","observed_orcids":["https://orcid.org/0000-0003-3837-9565"]},"institutions":[{"id":"https://openalex.org/I125068653","display_name":"IE University","ror":"https://ror.org/02jjdwm75","country_code":"ES","type":"education","lineage":["https://openalex.org/I125068653"]}],"countries":["ES"],"is_corresponding":false,"raw_author_name":"Rajdeep Chakraborti","raw_affiliation_strings":["IE Business School, IE University, 28006 Madrid, Spain;"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"IE Business School, IE University, 28006 Madrid, Spain;","institution_ids":["https://openalex.org/I125068653"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5005097523","display_name":"Sandeep Dahiya","orcid":"https://orcid.org/0000-0002-3995-8385","observed_orcids":["https://orcid.org/0000-0002-3995-8385"]},"institutions":[{"id":"https://openalex.org/I184565670","display_name":"Georgetown University","ror":"https://ror.org/05vzafd60","country_code":"US","type":"education","lineage":["https://openalex.org/I184565670"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Sandeep Dahiya","raw_affiliation_strings":["Georgetown University, McDonough School of Business, Washington, District of Columbia 20057;"],"raw_orcid":"https://orcid.org/0000-0002-3995-8385","affiliations":[{"raw_affiliation_string":"Georgetown University, McDonough School of Business, Washington, District of Columbia 20057;","institution_ids":["https://openalex.org/I184565670"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5053211572","display_name":"Lei Ge","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I78988378","display_name":"Renmin University of China","ror":"https://ror.org/041pakw92","country_code":"CN","type":"education","lineage":["https://openalex.org/I78988378"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Lei Ge","raw_affiliation_strings":["Renmin University of China, Haidian District, Beijing 100872, China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Renmin University of China, Haidian District, Beijing 100872, China","institution_ids":["https://openalex.org/I78988378"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5027954170","display_name":"Pedro Gete","orcid":"https://orcid.org/0000-0002-6450-7965","observed_orcids":["https://orcid.org/0000-0002-6450-7965"]},"institutions":[{"id":"https://openalex.org/I125068653","display_name":"IE University","ror":"https://ror.org/02jjdwm75","country_code":"ES","type":"education","lineage":["https://openalex.org/I125068653"]}],"countries":["ES"],"is_corresponding":false,"raw_author_name":"Pedro Gete","raw_affiliation_strings":["IE Business School, IE University, 28006 Madrid, Spain;"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"IE Business School, IE University, 28006 Madrid, Spain;","institution_ids":["https://openalex.org/I125068653"]}]}],"institutions":[],"countries_distinct_count":3,"institutions_distinct_count":3,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":0.3924,"has_fulltext":false,"cited_by_count":6,"citation_normalized_percentile":{"value":0.62287139,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":88,"max":95},"biblio":{"volume":"68","issue":"10","first_page":"7682","last_page":"7700"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.8964999914169312,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.8964999914169312,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10127","display_name":"Banking stability, regulation, efficiency","score":0.08100000023841858,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12225","display_name":"Political Influence and Corporate Strategies","score":0.00419999985024333,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/executive-ownership","display_name":"executive ownership","score":0.9599999785423279},{"id":"https://openalex.org/keywords/corporate-leverage","display_name":"corporate leverage","score":0.9089999794960022},{"id":"https://openalex.org/keywords/credit-demand","display_name":"credit demand","score":0.9190000295639038},{"id":"https://openalex.org/keywords/corporate-borrowing","display_name":"corporate borrowing","score":0.722000002861023},{"id":"https://openalex.org/keywords/bank-credit-supply","display_name":"bank credit supply","score":0.4099999964237213},{"id":"https://openalex.org/keywords/chinese-banking-sector","display_name":"Chinese banking sector","score":0.4749999940395355}],"concepts":[{"id":"https://openalex.org/C153083717","wikidata":"https://www.wikidata.org/wiki/Q6535263","display_name":"Leverage (statistics)","level":2,"score":0.6689203381538391},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5538241267204285},{"id":"https://openalex.org/C31348098","wikidata":"https://www.wikidata.org/wiki/Q3423719","display_name":"Credit enhancement","level":4,"score":0.5232172012329102},{"id":"https://openalex.org/C180879305","wikidata":"https://www.wikidata.org/wiki/Q590998","display_name":"Credit crunch","level":2,"score":0.5001654624938965},{"id":"https://openalex.org/C2779918689","wikidata":"https://www.wikidata.org/wiki/Q3771842","display_name":"Stimulus (psychology)","level":2,"score":0.47616952657699585},{"id":"https://openalex.org/C73283319","wikidata":"https://www.wikidata.org/wiki/Q1416617","display_name":"Financial system","level":1,"score":0.4615075886249542},{"id":"https://openalex.org/C165696696","wikidata":"https://www.wikidata.org/wiki/Q11287","display_name":"Exploit","level":2,"score":0.4411274790763855},{"id":"https://openalex.org/C68842666","wikidata":"https://www.wikidata.org/wiki/Q1070699","display_name":"Credit history","level":2,"score":0.4152725636959076},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.3987722396850586},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.3831782341003418},{"id":"https://openalex.org/C24308983","wikidata":"https://www.wikidata.org/wiki/Q5183781","display_name":"Credit reference","level":3,"score":0.36734142899513245},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.3667731285095215},{"id":"https://openalex.org/C178350159","wikidata":"https://www.wikidata.org/wiki/Q162714","display_name":"Credit risk","level":2,"score":0.2941882312297821},{"id":"https://openalex.org/C38652104","wikidata":"https://www.wikidata.org/wiki/Q3510521","display_name":"Computer security","level":1,"score":0.0},{"id":"https://openalex.org/C542102704","wikidata":"https://www.wikidata.org/wiki/Q183257","display_name":"Psychotherapist","level":1,"score":0.0},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.0},{"id":"https://openalex.org/C119857082","wikidata":"https://www.wikidata.org/wiki/Q2539","display_name":"Machine learning","level":1,"score":0.0},{"id":"https://openalex.org/C15744967","wikidata":"https://www.wikidata.org/wiki/Q9418","display_name":"Psychology","level":0,"score":0.0}],"mesh":[],"locations_count":3,"locations":[{"id":"doi:10.1287/mnsc.2021.4188","doi":"https://doi.org/10.1287/mnsc.2021.4188","is_oa":false,"landing_page_url":"https://doi.org/10.1287/mnsc.2021.4188","pdf_url":null,"source":{"id":"https://openalex.org/S33323087","display_name":"Management Science","issn_l":"0025-1909","issn":["0025-1909","1526-5501"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","erih-plus","fnege-1-star","ft50","jufo-3","ki-jl-1","norway-2","poland-200","russia-white-list-1","utd24","vabb-shw"],"host_organization":"https://openalex.org/P4310315699","host_organization_name":"Institute for Operations Research and the Management Sciences","host_organization_lineage":["https://openalex.org/P4310315699"],"host_organization_lineage_names":["Institute for Operations Research and the Management Sciences"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Management Science","raw_type":"journal-article"},{"id":"pmh:oai:https://durham-repository.worktribe.com/:1174414","doi":null,"is_oa":true,"landing_page_url":"https://durham-repository.worktribe.com/output/1174414","pdf_url":null,"source":{"id":"https://openalex.org/S4306400188","display_name":"Durham Research Online (Durham University)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I190082696","host_organization_name":"Durham University","host_organization_lineage":["https://openalex.org/I190082696"],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"Journal Article"},{"id":"pmh:oai:repositorio.ie.edu:20.500.14417/3299","doi":null,"is_oa":true,"landing_page_url":"https://hdl.handle.net/20.500.14417/3299","pdf_url":null,"source":{"id":"https://openalex.org/S7407055216","display_name":"IE Repository","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"info:eu-repo/semantics/article"}],"best_oa_location":{"id":"pmh:oai:https://durham-repository.worktribe.com/:1174414","doi":null,"is_oa":true,"landing_page_url":"https://durham-repository.worktribe.com/output/1174414","pdf_url":null,"source":{"id":"https://openalex.org/S4306400188","display_name":"Durham Research Online (Durham University)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I190082696","host_organization_name":"Durham University","host_organization_lineage":["https://openalex.org/I190082696"],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"Journal Article"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":46,"referenced_works":["https://openalex.org/W1020353806","https://openalex.org/W1995454537","https://openalex.org/W2007155646","https://openalex.org/W2020082345","https://openalex.org/W2031126701","https://openalex.org/W2047326456","https://openalex.org/W2068658192","https://openalex.org/W2099378469","https://openalex.org/W2122479412","https://openalex.org/W2127257964","https://openalex.org/W2136122167","https://openalex.org/W2150291618","https://openalex.org/W2152715106","https://openalex.org/W2153247578","https://openalex.org/W2157671801","https://openalex.org/W2166513723","https://openalex.org/W2168009245","https://openalex.org/W2171671946","https://openalex.org/W2298962734","https://openalex.org/W2525225165","https://openalex.org/W2594629899","https://openalex.org/W2711307297","https://openalex.org/W2753288686","https://openalex.org/W2762780933","https://openalex.org/W3044213233","https://openalex.org/W3121425632","https://openalex.org/W3121735948","https://openalex.org/W3121819860","https://openalex.org/W3121884940","https://openalex.org/W3122154944","https://openalex.org/W3122253784","https://openalex.org/W3123043628","https://openalex.org/W3123206484","https://openalex.org/W3123700478","https://openalex.org/W3124043582","https://openalex.org/W3124812427","https://openalex.org/W3125061225","https://openalex.org/W3125062024","https://openalex.org/W3125301290","https://openalex.org/W3125326244","https://openalex.org/W3125337127","https://openalex.org/W3125443941","https://openalex.org/W3125537090","https://openalex.org/W3125584799","https://openalex.org/W3125635833","https://openalex.org/W3125653837"],"related_works":["https://openalex.org/W2610271451","https://openalex.org/W4367860456","https://openalex.org/W2406127493","https://openalex.org/W2567528323","https://openalex.org/W4312270753","https://openalex.org/W2185347548","https://openalex.org/W2895192391","https://openalex.org/W3172090328","https://openalex.org/W2312565293","https://openalex.org/W2800656198"],"abstract_inverted_index":{"We":[0,97],"show":[1],"that":[2,29],"executive":[3],"ownership":[4],"is":[5,23],"a":[6,55],"significant":[7],"driver":[8],"of":[9],"the":[10,43,61,69,75,91],"demand":[11,22],"for":[12],"credit":[13,15,21,33,48,79],"following":[14],"expansion":[16,49],"policies.":[17],"Our":[18,40],"focus":[19],"on":[20,32],"in":[24,50,59,82,94],"contrast":[25],"to":[26,77,102],"most":[27],"studies":[28],"have":[30],"focused":[31],"supply":[34],"factors":[35],"such":[36],"as":[37,58],"bank":[38],"capital.":[39],"identification":[41],"exploits":[42],"large":[44],"and":[45,72],"unexpected":[46],"Chinese":[47,62],"2008.":[51],"This":[52,106],"setting":[53],"offers":[54],"unique":[56],"advantage":[57],"2008":[60],"government":[63],"had":[64],"almost":[65],"complete":[66],"control":[67],"over":[68],"banking":[70],"sector":[71],"it":[73],"directed":[74],"banks":[76],"increase":[78],"supply.":[80],"Thus,":[81],"this":[83],"setting,":[84],"demand,":[85],"rather":[86],"than":[87],"supply,":[88],"largely":[89],"drives":[90],"observed":[92],"changes":[93],"firms\u2019":[95],"borrowing.":[96],"provide":[98],"extensive":[99],"robustness":[100],"tests":[101],"validate":[103],"our":[104],"results.":[105],"paper":[107],"was":[108],"accepted":[109],"by":[110],"Kay":[111],"Giesecke,":[112],"finance.":[113]},"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2025,"cited_by_count":2},{"year":2024,"cited_by_count":1},{"year":2023,"cited_by_count":1},{"year":2017,"cited_by_count":1}],"updated_date":"2026-11-08T12:12:28.789561","created_date":"2021-12-31T00:00:00"}
