@article {164441,
	title = {Differentiated Use of Small Business Credit Scoring by Relationship Lenders and Transactional Lenders: Evidence from Firm{\textendash}Bank Matched Data in Japan},
	journal = {Journal of Banking \& Finance},
	volume = {42},
	year = {2014},
	pages = {371{\textendash}380},
	abstract = {This paper examines the ex-post performance of small and medium enterprises (SMEs) that obtained small business credit scoring (SBCS) loans, using a unique Japanese firm{\textendash}bank matched dataset. The ex-post probability of default after the SBCS loan was provided significantly increased for SMEs that obtained an SBCS loan from a transactional lender. Also, the lending attitude of relationship lenders during the recent global financial crisis was more severe if a firm had received an SBCS loan from a transactional lender. These findings suggest that SBCS loans by transactional lenders are more prone to type II errors and detrimental to relationship lenders{\textquoteright} incentive to provide {\textquotedblleft}liquidity insurance.},
	url = {http://dx.doi.org/10.1016/j.jbankfin.2014.02.009},
	author = {Arito Ono and Ryo Hasumi and Hideaki Hirata}
}
