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importantcatalyst for bank consolidation in Europe. In order to assessthe public policy issues surrounding bank mergers, this … paperanalyzes the efficiency effects of 52 horizontal bank mergersover the period 1994-1998, i.e. the period immediately …
Persistent link: https://www.econbiz.de/10010324843
competition/performance and financia1 sector openness (meaning foreign bank access to domestic markets), and between growth and …
Persistent link: https://www.econbiz.de/10010324847
of interests can lead the political majority to support bank over equity dominance. As shareholdings by the median voters …
Persistent link: https://www.econbiz.de/10010325144
competitive environment affect bank monitoring choices and the effectiveness of capital regulation? Our approach deviates from the …
Persistent link: https://www.econbiz.de/10010325147
century (Rajan and Zingales, 2003), when some financially verydeveloped countries moved towards bank or state control as a …
Persistent link: https://www.econbiz.de/10010325240
This paper deals with the relation between excessive risk taking and capital structure in banks. Examining a quarterly dataset of U.S. banks between 1993 and 2010, we find that equity is valued higher when more risky portfolios are chosen when leverage is high, and that more risk taking has a...
Persistent link: https://www.econbiz.de/10010326471
companies it is less likely that the chairperson of the supervisory board is a former executive of the same bank. Over time …
Persistent link: https://www.econbiz.de/10010319229
nationwide, regarding different outreach indicators. At the federal state level, bank outreach shows South-North and West …-East gaps. Combining regional and bank data at the district level for 2005, we examine the determinants of geographic and … share of elder people and bank size in a region. Because of their public mission to serve all regions, public savings banks …
Persistent link: https://www.econbiz.de/10010319252
Since 1994, the German banking market is confronted with an entry wave of direct banks. This banking innovation may be explained by developments on the supply side as well as on the demand side. It is pushed by developments in telecommunication technologies during a period of rising cost...
Persistent link: https://www.econbiz.de/10010319302
Empirical research about structure, conduct and performance in banking markets has developed mostly independently from the microeconomic theory of banking. The present paper reviews the literature by focusing on the links between theoretical and empirical research. It considers basic conditions,...
Persistent link: https://www.econbiz.de/10010319305