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The new Basel accord is slated to come into effect in India around 2007 raising the question of how the revised … standards will influence bank behaviour. Using a simple theoretical model, it is shown that the revised accord will result in … asymmetric differences in the efficacy of monetary policy in influencing bank lending. This will, however, depend on a number of …
Persistent link: https://www.econbiz.de/10005089348
identify, through these indicators, at regional rural banks. Using bank level data on regional rural banks in India for the …
Persistent link: https://www.econbiz.de/10005089357
The paper examines how external auditing and managerial ownership relate to firm valuation. It is argued that both external auditors (which serves as an external monitoring function) and managerial ownership (which serves as an internal monitoring function) affect firm value, while internal...
Persistent link: https://www.econbiz.de/10005089359
reveal that at the macro level, GDP growth and at the bank level, real loan growth, operating expenses and bank size play an …
Persistent link: https://www.econbiz.de/10005089367
The paper examines the process of banking sector reforms in India. It notes the beneficial impact to the financial …
Persistent link: https://www.econbiz.de/10005620040
Using data on Indian listed companies for 2005, the paper examines how firm ownership relates to auditor choice. More specifically, we test several hypotheses about the links between firm ownership, auditor relationships and earnings management. The results indicate that firms having high...
Persistent link: https://www.econbiz.de/10009001178
Using data on a sample of Indian firms from 1996-2006, we examine the effect of group affiliation on firm performance. After controlling for the differences in firm size, growth opportunities and leverage, the findings indicate that group affiliation exerts a salutary impact on firm performance,...
Persistent link: https://www.econbiz.de/10008611581
Using data on Indian state-owned banks for 1997-2007, the article tests the relationship between financial inclusion and financial fragility. The findings reveal that these variables are intertwined, with each tending to reinforce the other. More importantly, financial fragility is a non-linear...
Persistent link: https://www.econbiz.de/10008611585
Using a panel dataset of over 800 listed manufacturing firms for 1995-2005, the paper examines whether bank …
Persistent link: https://www.econbiz.de/10008611589
The article examines the evidence for credit channel on the composition of corporate finance during tight and loose periods of monetary policy, using micro-level data on Indian firms for 1995-2007. The findings provide evidence in favor of the relationship lending view, although the magnitude...
Persistent link: https://www.econbiz.de/10008615022