Showing 1 - 10 of 30
This paper deals with the issue of how the market structure in banking affects the choice of means of payment. In … incentive to restrict the number of ATMs to a minimum. In general, the number of ATMs depends on competitiveness in the banking …
Persistent link: https://www.econbiz.de/10005207157
stable and profitable source of income, or where banks refocus their attention to the domestic banking market. …
Persistent link: https://www.econbiz.de/10005342565
This theoretical paper explores screening with loan collateral when both the collateral value and the probability of project success fluctuate. Some model versions challenge the classic findings of Bester (1985) by showing that high-risk borrowers may in such case be more willing to pledge...
Persistent link: https://www.econbiz.de/10005014554
Governance of the Banking Firm" the author builds on the literatures on corporate governance and financial regulation. In … with the concept of governance could imply that in the banking firm, selecting managers with a proper intrinsic motivation … shares on stock exchanges in developed markets and foreign bank ownership and involvement in local banking systems have …
Persistent link: https://www.econbiz.de/10005018000
The aim of this research is to provide new insights about the limits of borrowing. The second chapter contributes to the theory of limits of borrowing by a study of LOLRs in an original model. The third chapter introduces a new approach to test and measure the limits of borrowing...
Persistent link: https://www.econbiz.de/10010611650
Measuring value creation by comparing the RAROC of an exposure (the return on risk capital) with a single institution-wide hurdle rate is inconsistent with the standard theory of financial valuation. We use asset pricing theory to determine the appropriate hurdle rate for such a RAROC...
Persistent link: https://www.econbiz.de/10008509435
related to multiple and changing equilibria. Results from applying the model to US and five major European banking sectors …
Persistent link: https://www.econbiz.de/10004979444
of the earnings of Austrian banks comes from banking activities in Central and Eastern Europe. Austrian bankers can claim … authorities to assist the banking sector and the economy are characterized by the Governor as worthy endeavours. Chapter 3 is … bank assets. The state maintains banking sector stability primarily through state banks. The authors answer to the question …
Persistent link: https://www.econbiz.de/10004982520
I will address in this study the future of banking. This will be done against the backdrop of revolutionary forces … shaping an increasingly fast-moving banking landscape. The first part of the study focuses on the ultra-long drivers of … banking structures and institutions. To that end, I will identify the long-term determinants of our rapidly changing society …
Persistent link: https://www.econbiz.de/10005130377
This paper presents evidence on the impact of managers on cost efficiency in banking. Stochastic frontier analysis is …
Persistent link: https://www.econbiz.de/10005190734