. University education enhances efficiency if the manager is running a large bank. Managing director changes are systematically …This paper presents evidence on the impact of managers on cost efficiency in banking. Stochastic frontier analysis is … followed by efficiency changes. Manager retirement typically causes an efficiency improvement, whereas other manager changes …

owners can increase Chinese bank efficiency. These findings suggest that minority foreign ownership of the big four is likely … dominant ‘big four’ state-owned banks. This paper seeks to help predict the effects of this change by analysing the efficiency … efficiency. We present corroborating robustness checks and offer several credible mechanisms through which minority foreign …

Recent cross-country comparisons of bank efficiency have been based on pooled estimates of banks across countries and … efficiency of banks in each country that operate both within and outside their own environments. The results indicate that … technical efficiency is a significant deterrence to foreign competition. …

This paper evaluates bank exit regimes in selected financial centres using econometric methods. The focus is on bank … exit regimes applicable to commercial banks in New York, London, Frankfurt, Helsinki and Tokyo in 1998–2002. Bank exit … regimes are studied from the perspective of bank creditors and bank shareholders. In order to apply econometric methods, the …

The 5th joint SUERF/Bank of Finland joint conference was held in Helsinki on 13 June 2013. The general theme of the …

We find that firms with greater tax avoidance incur higher spreads when obtaining bank loans. This finding is robust in … avoidance also incur more stringent non-price loan terms, incur higher at-issue bond spreads, and prefer bank loans over public …

This paper examines what institutional and bank-specific factors determine bank stock price synchronicity. Using data … on 37 countries from 1996–2007, we find that bank stocks are more aligned with the whole market (1) during the financial … insurance; and (4) in countries that have lower bank-level disclosure. The results hold for both emerging and developed economy …

We investigate the effects of credit ratings-contingent financial regulation on foreign bank lending behavior. We … examine the sensitivity of international bank flows to debtor countries’ sovereign credit rating changes before and after the … implementation of the Basel 2 risk-based capital regulatory rules. We study the quarterly bilateral flows from G-10 creditor banking …