Showing 1 - 10 of 173
Persistent link: https://www.econbiz.de/10011301298
Failure in bank corporate governance has been seen as a contributing factor to excessive risk-taking pre-crisis with … managerial incentives on bank crisis performance is scarce. Moreover, bank strategy has not previously been accounted for. Hence …
Persistent link: https://www.econbiz.de/10011082590
Persistent link: https://www.econbiz.de/10001790336
than one European country. In a PCA framework, a bank’s losses are likely to be substantially reduced. This reduction in … decisions within the PCA framework as soon as a bank of a cross-border banking group falls below the minimum capital standard …. Finally, the paper analyses the coordination measures that should be implemented if PCA requires the bank to be resolved. …
Persistent link: https://www.econbiz.de/10005648938
This paper analyses bank exit (ie reorganisation and liquidation) legislation in selected financial centres: New York …, London, Frankfurt, Helsinki and Tokyo. The focus is on bank exit legislation applicable to commercial banks. The legislation … is analysed from the perspective of bank stakeholders, ie bank creditors, depositors and bank shareholders. The analysis …
Persistent link: https://www.econbiz.de/10005190764
Sufficient solvency of a pension insurance company responsible for defined-benefit pensions guarantees that the pensions are paid regardless of turbulence in the financial market. In the Finnish occupational pension system TyEL, the required level of solvency capital (solvency limit) and its...
Persistent link: https://www.econbiz.de/10008516093
We study a financial market adverse selection model where all agents are endowed with initial wealth and choose to invest as entrepreneurs or financiers, or not to invest. We show that often a lack of outside finance leads to the emergence of financial markets where availability of outside...
Persistent link: https://www.econbiz.de/10005648911
Persistent link: https://www.econbiz.de/10011790739
The 5th joint SUERF/Bank of Finland joint conference was held in Helsinki on 13 June 2013. The general theme of the …
Persistent link: https://www.econbiz.de/10011711934
In this paper, by employing a novel approach, we study the relationship between bank type and small-business lending in … a post-transition country. Using a unique dataset on bank branches and firm-level data, we find that local cooperative … domestic banks. Our results are important from a policy perspective, as they show that foreign bank entry and industry …
Persistent link: https://www.econbiz.de/10010945118