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CEECs are characterised by a significant presence of foreign banks and by a marked dependence upon financing from foreign bankers. We show that this situation leaves these countries open to two types of financial risk, which have grown throughout the present decade. The first relates to the...
Persistent link: https://www.econbiz.de/10010859438
sources of systemic risk: (i) linkages between local banks and (ii) linkages between a foreign mother bank and its local … foreign mother bank to its local subsidiary is substantially smaller than the risk between two local banks. …
Persistent link: https://www.econbiz.de/10010744595
CEECs are characterised by a significant presence of foreign banks and by a marked dependence upon financing from foreign bankers. We show that this situation leaves these countries open to two types of financial risk, which have grown throughout the present decade. The first relates to the...
Persistent link: https://www.econbiz.de/10010545923
This paper analyzes the evolution in bank performance following the removal of legal restrictions on the entry of … foreign banks in three transition economies: the Czech Republic, Hungary, and Poland. Two modes of foreign bank entry are … liberalization occurred in each country. Bank performance is reflected by accounting measures of profitability, net interest margin …
Persistent link: https://www.econbiz.de/10008528988
merger and acquisition, on bank performance in three transition economies – the Czech Republic, Hungary, and Poland. We use …
Persistent link: https://www.econbiz.de/10008529025
of greater bank disclosure in mitigating the likelihood of systemic banking crisis. In a cross sectional study of banking …
Persistent link: https://www.econbiz.de/10005652509
It has long been argued that private ownership of firms leads to better firm performance. However, theory as well as empirical evidence suggest that factors like agency problems may not allow privately owned firms to operate more efficiently or perform better that state owned firms. At the same...
Persistent link: https://www.econbiz.de/10005677497
bad loans and special bank closure provisions, are interpreted in our framework. …
Persistent link: https://www.econbiz.de/10005677615
impact of greater bank disclosure in mitigating the likelihood of systemic banking crisis. In a cross sectional study of … countries with regulatory regimes that require extensive bank disclosure and stringent auditing. …
Persistent link: https://www.econbiz.de/10005677701
Some ten years ago, Michael Dooley (Dooley, 1997; Dooley, 2000) put forward an insurance model of currency crises, which after some modifications gives a good theoretical basis for explanation of the overall dynamics of the post communist transformation and diversity across countries and periods....
Persistent link: https://www.econbiz.de/10009001054