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Many studies have attempted to investigate the determinants and implications of competition in the banking industry … market. This paper reviews the most frequently-used structural and non structural measures of competition in banking. It …. The literature on the measurement of competition can be divided between the structural and non-structural approaches. The …
Persistent link: https://www.econbiz.de/10010899551
though the new Federal Law on Social Health Insurance (LAMal) was implemented in 1996 to promote competition among health … insurers in basic insurance, there still remains large premium variations within cantons. This indicates that competition has …
Persistent link: https://www.econbiz.de/10010738911
competition in basic health insurance markets. We identify several barriers to switching, namely choice overload, status quo bias …
Persistent link: https://www.econbiz.de/10010898892
A panel of 186 European banks is used for the period 1992-2004 to determine if banking behaviors induced by the capital … adequacy constraint and the provisioning system, amplify credit fluctuations. Our finding is consistent with the bank capital …
Persistent link: https://www.econbiz.de/10010750761
We investigate whether excess control rights of ultimate owners in pyramids affect banks' adjustment to their target capital ratio. When ultimate control rights and cash-flow rights are identical, banks increase their capital ratio by issuing equity and by reshuffling their assets without...
Persistent link: https://www.econbiz.de/10010821256
This paper examines the combination of cash and share payments proposed in the corporate acquisition process. Particularly, it analyzes the conditions of an optimal mixed payment in the context of an asymmetry of information. Using a model, we highlight that setting the conditions of payment is...
Persistent link: https://www.econbiz.de/10009353554
developing countries. Some key issues facing mutual organizations are evoked: the competition with investor driven businesses …
Persistent link: https://www.econbiz.de/10010750765
Corporations increasingly define their social and environmental initiatives and activities as part of their Corporate Social Responsibility (CSR). Disclosure practices have followed suit as well with social and environmental information typically being combined, often through a CSR report. The...
Persistent link: https://www.econbiz.de/10008792907
This paper develops a two-way director-firm fixed effect model to study the relationship between independent directors' individual heterogeneity and firm operating performance, using French data. This strategy allows considering and differentiating in a unified empirical framework mechanisms...
Persistent link: https://www.econbiz.de/10010899730
This master dissertation consists of a literature review about the role of accounting information and the companies' disclosure polices in the financial market, as well as the information asymmetry issues that may occur for a firm. More specifically, we address the segment reporting issue. We...
Persistent link: https://www.econbiz.de/10010821081