Sahut, Jean-michel; Mili, Medhi - In: Economics Bulletin 34 (2014) 2, pp. 695-704
whether depositors do exert market discipline on foreign subsidiaries. Combining between financial variables of subsidiaries …' credit supply depends primarily on the financial situation of its parent bank. Finally, we evidence market discipline as … applied to foreign subsidiaries in emerging countries. We demonstrate that market discipline is strongly affected by the …