Showing 1 - 10 of 10
result suffered significant losses. We conclude that global banking flows, rather than global imbalances, determined the …
Persistent link: https://www.econbiz.de/10012462576
Persistent link: https://www.econbiz.de/10012467179
Which public policies and ownership structures enhance the governance of banks? This paper constructs a new database on the ownership of banks internationally and then assesses the ramifications of ownership, shareholder protection laws, and supervisory/regulatory policies on bank valuations....
Persistent link: https://www.econbiz.de/10012468536
relationship between the market structure of the banking industry and bank fragility, this paper studies the impact of bank … concentration, bank regulations, and national institutions on the likelihood of suffering a systemic banking crisis. Using data on … 70 countries from 1980 to 1997, we find that crises are less likely in economies with (i) more concentrated banking …
Persistent link: https://www.econbiz.de/10012468775
and corruption in raising external finance, which is consistent with political/regulatory capture theories. Creating a …
Persistent link: https://www.econbiz.de/10012469078
specific regulatory and supervisory practices and banking-sector development, efficiency, and fragility. The paper examines: (i …) regulatory restrictions on bank activities and the mixing of banking and commerce; (ii) regulations on domestic and foreign bank …
Persistent link: https://www.econbiz.de/10012469383
This paper investigates the impact of stock markets and banks on economic growth using a panel data set for the period 1976-98 and applying recent GMM techniques developed for dynamic panels. On balance, we find that stock markets and banks positively influence economic growth and these findings...
Persistent link: https://www.econbiz.de/10012469631
In spite of mounting losses banks continued to pay dividends during the crisis. We present a model that addresses this behavior. By paying out dividends, a bank transfers value to its shareholders away from creditors, among whom are other banks. This way, one bank's dividend payout policy...
Persistent link: https://www.econbiz.de/10012458955
performance of banking systems. Since the underlying surveys are large and complex, we construct summary indices of key bank … regulatory and supervisory policies to facilitate cross-country comparisons and analyses of changes in banking policies over time …
Persistent link: https://www.econbiz.de/10012459929
equity. The dwindling pool of common equity in the banking system may have been one reason for the continued reluctance by …
Persistent link: https://www.econbiz.de/10012461761