Showing 1 - 10 of 100
We investigate the influence of financial and political factors on peer-to-peer (P2P) platform failures in China's online lending market. Using a competing risk model for platform survival, we show that large platforms, platforms with listed firms as large shareholders, and platforms with better...
Persistent link: https://www.econbiz.de/10012614249
This paper investigates the phenomenon of hidden negative capital (HNC) associated with bank failures and introduces a … mismatches reflecting disproportions between the allocation of bank assets and the sources of funding. We manually collect unique … has two e ects: it leads to a higher probability that a bank's capital is negative and raises the conditional size of the …
Persistent link: https://www.econbiz.de/10012148845
the under-performing firm relies heavily on secured and short-term bank lending. Bank loans increase the likelihood of a …
Persistent link: https://www.econbiz.de/10012148793
transactions in China. Difference-in-differences tests show firms operating with ex-ante more movable assets expand access to bank …
Persistent link: https://www.econbiz.de/10012148819
State-owned banks tend to increase lending before elections for the purpose of boosting the re-election odds of incumbent politicians. We employ monthly data on individual banks to study whether Russian banks increased their lending before presidential elections during 2004-2019, a period...
Persistent link: https://www.econbiz.de/10012614230
This paper considers whether local bank participation exerts an impact on the spreads for syndicated loans in Russia … variables including information on local bank participation and the characteristics of loans and borrowers. Unlike earlier … local presence may influence a foreign bank's monitoring ability and access to information about borrowers. We observe no …
Persistent link: https://www.econbiz.de/10012148582
This study examines how bank ownership influenced the credit supply during the recent financial crisis in Russia, where … original approach based on stochastic frontier analysis. Our findings suggest bank ownership affected credit supply during the …
Persistent link: https://www.econbiz.de/10012148653
The recent financial crisis emphasised the need for effective financial stability analyses and tools for detecting systemic risk. This paper looks at assessment of banking sector resilience through stress testing. We argue such analyses are valuable even in emerging economies that suffer from...
Persistent link: https://www.econbiz.de/10012148658
This paper addresses the relationship between bank competition and efficiency by computing Lerner indices and cost … panel estimator framework to evaluate the sign and direction of causality between them. We observe no increase in bank … efficiency. This suggests that measures to increase bank competition in the Chinese context are not detrimental to efficiency. …
Persistent link: https://www.econbiz.de/10012148686
This paper contributes to the debate on the effect of capital requirements on bank effieciency. We study the relation … between capital ratio and bank efficiency for Chinese banks over the period 2004?2009, taking advantage of the profound … size of which depends to an extent on the bank's ownership type. Our results therefore suggest that capital requirements …
Persistent link: https://www.econbiz.de/10012148714