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Se miden las ganancias potenciales de eficiencia de cinco fusiones de bancos, producidas entre 2005 y 2011, analizándolas con la metodología de análisis envolvente de datos. Dadas las divergencias entre modelos de rendimientos constantes y variables, se testean rendimientos para discernir...
Persistent link: https://www.econbiz.de/10010930238
determinant variables in banks' risk taking since the beginning of the years 2000. …
Persistent link: https://www.econbiz.de/10009278316
sample of companies belonging to the financial sector, made up largely of banks. The sample is taken from several European …
Persistent link: https://www.econbiz.de/10010898605
of guarantor strength on the value of the implicit guarantee: a higher sovereign rating of a bank‟s home country leads to …. The investigation focuses on a sample of 45 large, listed European banks. It appears that the main element for determining … the value of the public subsidy is the intrinsic strength of the bank. In addition, we provide evidence on the importance …
Persistent link: https://www.econbiz.de/10010899778
In this paper I compare Schumpeter's and Keynes' views on the financing of economic activity. As will be seen, both economists share common ideas about the working and financing of market economies. In particular, both Keynes and Schumpeter reject the classical notions of the neutrality of money...
Persistent link: https://www.econbiz.de/10008792147
equity or banks at the second round. IVCs syndicate and AVCs use the internal ways of diversification of the bank. Screening … and the Bank-Affiliated ones. We first discuss in the second section the different characteristics of these institutions …
Persistent link: https://www.econbiz.de/10008793553
aftermath of geo-localized social protests in Africa, we find that trust in monitoring institutions and beliefs in social … coordination strongly evolve after riots, together with trust in leaders. As no signs of social unrest can be recorded before, the …
Persistent link: https://www.econbiz.de/10010933911
We show the existence of a twin peaks relation between trust and the size of the welfare state that stems from two …
Persistent link: https://www.econbiz.de/10010933915
analyse the role and the development of trust and then, the relation between the degree of sophistication of Information and …
Persistent link: https://www.econbiz.de/10009325721
, business uncertainty, trust, and social respect are positively related to a supplier's relational adaptation. Research … interfirm governance mechanism to attain relational adaptation. Second, the development of trust and social respect in customer …
Persistent link: https://www.econbiz.de/10009418528