Showing 61 - 70 of 400
difficult financial situation at the cost of their subsidiaries based in Poland. Implementing regulation recommended by the …
Persistent link: https://www.econbiz.de/10011259720
We study the optimal regulation of a cooperative credit society which has private information on the intrinsic quality …
Persistent link: https://www.econbiz.de/10011259760
We analyze the optimal regulation of a MFI that has private information on the intrinsic quality of its loan portfolio … and costs of regulation in terms of leaving an informational rent for a high quality MFI. We identify conditions for the …
Persistent link: https://www.econbiz.de/10011259987
This paper not only addresses how linkages, direct and facilitating linkages, can benefit microfinance institutions – and particularly in jurisdictions where the Savings Group Outreach involvement is particularly low, but also illustrates ways and means whereby group lending and other more...
Persistent link: https://www.econbiz.de/10011260028
This paper presents a theoretical framework to describe the behaviour of the credit rating agencies(CRAs) during the crisis, surveying some reputational game models. CRAs have been blamed of inflating ratings of the new credit risk transfer products (CRTs) and of acting in favour of issuers...
Persistent link: https://www.econbiz.de/10011260075
Using quarterly financial statements and stock market data from 1982 to 2010 for the six largest Canadian chartered banks, this paper documents positive co-movement between Canadian banks’ capital buffer and business cycles. The adoption of Basel Accords and the balance sheet leverage cap...
Persistent link: https://www.econbiz.de/10011260132
BARRIERS TO ENTRY: ABOLISHING THE BARRIERS TO UNDERSTANDING by Jan-Horst Keppler Professor of economics Université Paris – Dauphine, LEDa, and Université Paris I Panthéon-Sorbonne, PHARE Port.: (+33 6) 77 81 37 46; Email: jan.keppler@dauphine.fr. Abstract The concept of a barrier to entry...
Persistent link: https://www.econbiz.de/10011260264
This article reviews experimental evidence on the effects of policies intended to promote behavior by firms that is more socially responsible and less socially irresponsible. Corporate social responsibility (CSR) can provide firms with opportunities for profit, but changes are likely to increase...
Persistent link: https://www.econbiz.de/10011260275
disproportionately benefited relative to firms with strong governance. Our evidence provides new support for the theory of La Porta et al …. (2002) that better investor protection results in higher firm valuations. It also is supportive of the theory of Glaeser …, Johnson and Shleifer (2001) that securities-market regulation can create substantial value for minority shareholders in a …
Persistent link: https://www.econbiz.de/10011260290
This paper traces developments from the inception of the 1988 Basel Capital Accord to its present form (Basel II). In highlighting the flaws of the 1988 Accord, an evaluation is made of the Basel Committee’s efforts to address such weaknesses through Basel II. Whilst considerable progress has...
Persistent link: https://www.econbiz.de/10011260315