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Financial Innovation

Table 3 Portfolio analysis of PIN based on two types of loans

From: Bank loan information and information asymmetry in the stock market: evidence from China

Variables

B1 (non-overdue loans)

B2 (overdue loans)

B1–B2

PIN

0.15

0.16

\(-\) 0.01***

(-3.36)

  1. This table compares the PIN between the non-overdue loan samples and overdue loan samples. Symbols *, **, and *** indicate significance at the 10%, 5%, and 1% levels, respectively
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