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Over the past decade, the health of the banking sector in Taipei,China has been in decline. Falling returns on assets and equity, steadily rising non-performing loans and bank runs at smaller financial institutions have highlighted problems across the banking sector as a whole. This study...
Persistent link: https://www.econbiz.de/10009277288
financially constrained than domestic-owned ones, especially in terms of short-term investment following a financial crisis … after the financial crisis during that period. The results also demonstrated that post-crisis foreign-owned enterprises …
Persistent link: https://www.econbiz.de/10005835402
bank regulatory/supervisory styles, illustrate the differences in regulation/supervision among crisis, non-crisis and BRICS … countries, and highlight the ways in which bank regulation and supervision has changed during the crisis period. The study … suggests that crisis-countries had weaker regulatory and supervisory frameworks compared to those in emerging countries during …
Persistent link: https://www.econbiz.de/10011113271
We examine whether performance-sensitive debt (PSD) is used to reduce hold-up problems in long-term lending relationships. We find that the use of PSD is more common in the presence of a long-term lending relationship and if the borrower has fewer financing alternatives available. In syndicated...
Persistent link: https://www.econbiz.de/10010904039
In this paper, we evaluate firm-, industry- and country-specific factors determining a firm's capital structure. The empirical validity of several capital structure theories has been ambiguous so far. We shed light on the main drivers of leverage and depict differences in industry and country...
Persistent link: https://www.econbiz.de/10011019340
This paper investigates the level of debt specialization across European firms relying on a cross-country comparable sample of manufacturing firms. We find that a number of firm characteristics -- such as firm size and age -- help predict the firm composition of the various types of debts (i.e....
Persistent link: https://www.econbiz.de/10011210474
In this research, based on the guidelines of the Basel agreements and its relationships with the health sector according to the respective resolutions of the Ministry of Social Protection of Colombia, the operational risk in the social security in Colombia is quantified in the context of...
Persistent link: https://www.econbiz.de/10011210487
Over the course of the recession during the last six years, central bank officials in Croatia have on numerous occasions stated there is a strong need for structural reforms in Croatia and that there is no need for monetary policy reforms. This short paper investigates why the CNB is only...
Persistent link: https://www.econbiz.de/10011268351
The most recent crisis prompted regulatory authorities to implement directives prescribing actions to resolve systemic …
Persistent link: https://www.econbiz.de/10011271681
different combinations of bank asset and funding sources and assess their impact on the mortgage crisis. We then estimate how … distinct strategies have affected bank profitability and risk before the crisis, and what impact they have put on the mortgage … crisis. Our results prove that the asset structure of banks was responsible for the systemic risk before the mortgage crisis …
Persistent link: https://www.econbiz.de/10011272695