This paper examines whether the geographic distance between subsidiaries of multinational banks and their headquarters is an important factor in determining the performance of the subsidiaries. Using various performance indicators of 340 subsidiaries in 54 emerging and developing economies from...

Using bank-level data on 368 foreign subsidiaries of 68 multinational banks in 47 emerging economies during 1994-2008, we present consistent evidence that internal capital markets in multinational banking contribute to the transmission of financial shocks from parent banks to foreign...

This paper addresses the impact of monetary policy on banks' risk-taking levels by using the bank-level panel data from more than 1000 banks in 33 emerging economies during 2000-2012. We find that, consistent with the proposition of the “bank risk-taking channel” of monetary policy...

We investigate the impact of market power of banks on their risk-taking, using bank-level data from 35 emerging economies during the period of 2000-2014. We set up a semiparametric model of the market power-bank risk nexus, and conduct estimation applying the Bayesian inference, which provides...

This paper investigates the competition-stability puzzle in the banking market and provides new consolidating evidence at the bank level. Using bank-level data from 35 emerging economies during the period of 2000-2014, we investigate the impact of market power of banks on their risk-taking...

We investigate whether foreign bank penetration affects the risk-taking of domestic banks in emerging economies. By using bank-level data from 35 markets during the period of 2000-2014, we find significant evidence that the riskiness of domestic banks increases with the presence of foreign...

This paper examines the impact of foreign banks on the monetary policy transmission mechanism in the Korean economy during the period from 2000 to 2012, with a specific focus on the lending behavior by banks with different types of ownership. Using the bank-level panel data of the banking system...

This paper addresses the impact of corruption on bank risk-taking behavior, using the bank-level data of more than 1200 banks in 35 emerging economies during the period 2000-2012. We find consistent evidence that more severe corruption increases the risk-taking of banks, in favor of the “sand...