Similar Search Results

Ownership, Control and Corporate Performance after Large-Scale Privatization

Hanousek, Jan; Kocenda, Evzen; Svejnar, Jan - EconWPA - 2004

We analyze the effects of ownership type and concentration on performance of a population of firms in a model large … private ownership improve dynamic post-privatization performance. Concentrated foreign (but not domestic) ownership improves … some measures of performance relative to state ownership. Foreign investors engage in strategic restructuring by increasing …

Persistent link: https://www.econbiz.de/10005135012

Changing boundaries and structure of a technological system: lessons from UK retail banking

Consoli, Davide - EconWPA - 2005

This article investigates the factors that have induced and shaped the process of industry evolution of banking in the United Kingdom and, in particular, the reorganization of the retail payments system. It will look at how the effects of technical progress within a changing regulatory framework...

Persistent link: https://www.econbiz.de/10005076877

Plastic Clashes: Competition among Closed and Open Systems in the Credit Card Industry.

Manenti, Fabio M.; Somma, Ernesto - EconWPA - 2002

This paper analyses market competition between two different types of credit card platforms: not-for-profit associations and proprietary systems. The main focus is on the role of the interchange fee set by not-for-profit platforms. We show that when the interchange fee is set so as to maximise...

Persistent link: https://www.econbiz.de/10005076892

Capital Regulation and Credit Risk Taking : Empirical Evidence from Banks in Emerging Market Economies

Godlewski, Christophe - EconWPA - 2004

The primary purpose of this article is to investigate the relationship between bank capital and credit risk taking in … relationship between risk and capital. We apply a simultaneous equations framework following Shrieves and Dahl (1992) and Jacques … and legal environment in driving bank capitalization and credit risk taking behavior in emerging market economies. …

Persistent link: https://www.econbiz.de/10005076943

Boom In, Bust Out: Young Households and the Housing Price Cycle

Ortalo-Magne, Francois; Rady, Sven - EconWPA - 1998

The UK experienced a major residential real estate boom-bust cycle from the mid-Eighties to the mid-Nineties, accompanied by unprecedented shifts in the owner occupancy rate of young households. Previous empirical analyses have pointed toward income changes and financial deregulation as the...

Persistent link: https://www.econbiz.de/10005076946

Evolution and Present Status of Bulgarian Card Market

Bojinov, Bojidar - EconWPA - 2003

Bulgaria is a small South-eastern European country with a population of 8 million inhabitants in economic transition. During the bank crisis (1996-97) about 1/3 of all banks went bankrupt. On 5 July 1997, the Bulgarian government, jointly with IMF, introduced the Currency Board Arrangement,...

Persistent link: https://www.econbiz.de/10005076949

Fairly Priced Deposit Insurance and Bank Charter Policy

Craine, Roger - EconWPA - 1996

The thrust of current deposit insurance reform--risk-based insurance premiums and capital requirements--is an effort to …

Persistent link: https://www.econbiz.de/10005076957

Implementing the efficient allocation in a model of financial intermediation

Green, Edward J.; Lin, Ping - EconWPA - 1996

In a finite-trader version of the Diamond-Dybvig (1983) model, the symmetric, ex-ante efficient allocation is implementable by a direct mechanism (i.e., each trader announces the type of his own ex-post preference) in which truthful revelation is the strictly dominant strategy for each trader....

Persistent link: https://www.econbiz.de/10005076965

The Bulgarian Banks' competitiveness: the case of Remote banking

Bojinov, Bojidar - EconWPA - 2003

The new information technologies adoption and e-commerce emergence change the role of financial intermediaries in new E-conomy. During the last years, the banks have started an expansion to the web – they offer broad range of traditional bank products and services via Internet. The remote...

Persistent link: https://www.econbiz.de/10005076976

The Rise and Fall of Bank Control in the United States: 1890-1939

Simon, Miguel Cantillo - EconWPA - 1998

This article studies how equity ownership and corporate control were separated in the United States. Initially, railroads and industrial firms were tightly controlled by a few shareholders; this situation was altered in the 1890s by massive mergers and reorganizations, which allowed private...

Persistent link: https://www.econbiz.de/10005076978

1
2
3
4
5
6
7
8
9
10
Next
Last