Showing 1 - 10 of 81
This paper contributes to the debate on the effect of capital requirements on bank efficiency. We study the relation … between capital ratio and bank efficiency for Chinese banks over the period 2004-2009, taking advantage of the profound … size of which depends to an extent on the bank’s ownership type. Our results therefore suggest that capital requirements …
Persistent link: https://www.econbiz.de/10010818558
This paper addresses the relationship between bank competition and efficiency by computing Lerner indices and cost … panel estimator framework to evaluate the sign and direction of causality between them. We observe no increase in bank … efficiency. This suggests that measures to increase bank competition in the Chinese context are not detrimental to efficiency. …
Persistent link: https://www.econbiz.de/10010818570
syndicated loans to corporate borrowers in China. In line with theoretical literature, ownership concentration of the borrowing … foreign banks relative to local banks in China. Moreover, it appears that increased financial leverage discourages foreign … bank participation, suggesting that domestic banks are less cautious in their risk management. …
Persistent link: https://www.econbiz.de/10008774235
During the Soviet period industrial firms not only formed the backbone of the economy but also directly provided a wide range of benefits to their municipalities. Firms were in charge of supplying a great variety of social services, such as housing, medical care and day care. The need to divest...
Persistent link: https://www.econbiz.de/10005419599
This paper studies the impact of federal state shareholdings on the performance of Russian companies. It differs from most similar studies in two respects. Firstly, it focuses on mixed ownership companies rather than conventional state enterprises. Secondly, it distinguishes between several...
Persistent link: https://www.econbiz.de/10005190676
Transition economies like Russia lack properly functioning financial markets and institutions, which results in severe agency and information problems. Business groups in such markets have the potential to offer benefits to member firms, but they also may destroy value. Using a unique database...
Persistent link: https://www.econbiz.de/10005648601
This study examines how bank ownership influenced the credit supply during the recent financial crisis in Russia, where … original approach based on stochastic frontier analysis. Our findings suggest bank ownership affected credit supply during the …
Persistent link: https://www.econbiz.de/10009645239
The recent financial crisis emphasised the need for effective financial stability analyses and tools for detecting systemic risk. This paper looks at assessment of banking sector resilience through stress testing. We argue such analyses are valuable even in emerging economies that suffer from...
Persistent link: https://www.econbiz.de/10009649724
The aim of this paper is to analyze the effect of corruption in bank lending. Corruption is expected to hamper bank …. Nevertheless the similarities between the consequences for bank lending of law enforcement and corruption are misleading, as they … consider only judiciary corruption. Corruption can also occur in lending and may then be beneficial for bank lending via bribes …
Persistent link: https://www.econbiz.de/10005771115
The aim of this study is to investigate the impact of corruption on bank lending in Russia. This issue is of major … regional measures of corruption and bank-level data to perform this investigation. Our main estimations show that corruption … hampers bank lending in Russia. We investigate whether this negative role of corruption is influenced by the degree of bank …
Persistent link: https://www.econbiz.de/10005190671