Next Article in Journal
The Financial Situation of Families and the Quality of Life and Coping with Stress of Children with ASD during the SARS-CoV-2 Pandemic
Next Article in Special Issue
A Finite Mixture Modelling Perspective for Combining Experts’ Opinions with an Application to Quantile-Based Risk Measures
Previous Article in Journal
Implicit Interpretation of Indonesian Export Bans on LME Nickel Prices: Evidence from the Announcement Effect
Previous Article in Special Issue
Nonparametric Estimation of Extreme Quantiles with an Application to Longevity Risk
Article

Financial Distress and Information Sharing: Evidences from the Italian Credit Register

1
Department of Economics, Politics and Modern Languages, University LUMSA, 00133 Roma, Italy
2
Department of Management and Law, University of Rome Tor Vergata, 00133 Roma, Italy
*
Author to whom correspondence should be addressed.
Academic Editor: Mogens Steffensen
Received: 23 March 2021 / Revised: 3 May 2021 / Accepted: 4 May 2021 / Published: 12 May 2021
(This article belongs to the Special Issue Risks: Feature Papers 2021)
Credit risk exposure evaluation is driven by the quality of the information available on the debtors and customers with multiple lending exposures, which could be evaluated differently by different lenders. The existence of an information asymmetry among lenders can be mitigated using private information sharing instruments, such as the credit registers. The paper analyses the effect of information disclosure through credit registers and evaluates the impact of revising the amount of credit offered to customers served also by other lenders. The results show that the information available for each lender is different and after the disclosure of past due or a default status declared by a financial intermediary, all the other lenders react to the new information available. View Full-Text
Keywords: financial distress; credit registers; risk exposures financial distress; credit registers; risk exposures
Show Figures

Figure 1

MDPI and ACS Style

Gibilaro, L.; Mattarocci, G. Financial Distress and Information Sharing: Evidences from the Italian Credit Register. Risks 2021, 9, 94. https://0-doi-org.brum.beds.ac.uk/10.3390/risks9050094

AMA Style

Gibilaro L, Mattarocci G. Financial Distress and Information Sharing: Evidences from the Italian Credit Register. Risks. 2021; 9(5):94. https://0-doi-org.brum.beds.ac.uk/10.3390/risks9050094

Chicago/Turabian Style

Gibilaro, Lucia, and Gianluca Mattarocci. 2021. "Financial Distress and Information Sharing: Evidences from the Italian Credit Register" Risks 9, no. 5: 94. https://0-doi-org.brum.beds.ac.uk/10.3390/risks9050094

Find Other Styles
Note that from the first issue of 2016, MDPI journals use article numbers instead of page numbers. See further details here.

Article Access Map by Country/Region

1
Back to TopTop