News

Karolin Kirschenmann's Article Credit Rationing in Small Business Bank Relationships Accepted for Journal of Financial Intermediation

The article "Credit rationing in small firm-bank relationships" is published at the Journal of Financial Intermediation

The article "Credit rationing in small firm-bank relationships" focuses on credit rationing in small firm-bank relationships by using a unique data set of matched loan applications and contracts. The author establishes the degree of credit rationing by relating a firm's requested loan amount to the bank's granted amount. In line with theoretical predictions, credit rationing is higher for opaque than transparent firms at the beginning of their bank relationships and decreases over time for both. After testing for several alternative explanations, the results suggest that information and incentive problems explain the observed credit rationing and its dynamics.

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image of a wooden pillar from little finlandia and the text time out
Research & Art Published:

Aalto University shakes up construction practices at the New European Bauhaus Festival in Brussels

The exhibition Time Out! will be on show in Brussels from 9 to 13 April 2024 as part of the NEB Festival.
Two of the awardees and their robotic arm all holding colorful mugs. Aalto Open Science Award, Honorary mention.
Awards and Recognition, Research & Art Published:

Aalto Open Science Award third place awardee 2023 – Intelligent Robotics Research Group with the Robotic Manipulation of Deformable Objects project

We interviewed the Intelligent Robotics Research Group with the Robotic Manipulation of Deformable Objects project, 3rd place awardees of the first Aalto Open Science Award.
Five Aalto University students around a table
Research & Art Published:

Read the Qual+ Newsletter

We are excited to welcome you to the second Qual+ Newsletter and continue bringing you new ways of looking at methods within management studies.
Nanoselluloosaa
Cooperation, Research & Art Published:

Aalto focuses on pulp research to boost a shift to a low carbon economy

A ground-breaking research programme together with universities, research organizations, and companies is established to reform the traditional pulping processes. As the target of the programme is industrial scale relevance, it requires a pool of scientists and the industry to work together internationally.