Showing 1 - 10 of 544
This paper assesses whether cross-border M&A decisions exhibit network effects. We estimate exponential random graph models (ERGM) and temporal exponential random graph models (TERGM) to evaluate the determinants of cross-country M&A investments at the sectoral level. The results show that...
Persistent link: https://www.econbiz.de/10012843316
The Global Financial Crisis unleashed changes in the operating and regulatory environments for large international … business and geographic orientation, and the funding models and legal entity structures of international operations. G …-SIBs have adjusted their business models, especially by reducing market intensity. While G-SIBs have maintained international …
Persistent link: https://www.econbiz.de/10012843301
We analyze the joint impact of macroprudential and capital control measures on cross-border banking flows, while …' macroprudential policies reduce direct cross-border banking outflows, they are associated with larger outflows through local …
Persistent link: https://www.econbiz.de/10012907951
Cross-border bank lending is a growing source of external finance in developing countries and could play a key role for …
Persistent link: https://www.econbiz.de/10012895120
Foreign bank lending has stopped growing since the global financial crisis. Changes in banks' business models, balance …-sheet adjustments, as well as the tightening of banking regulations are potential drivers of this prolonged slowdown. The existing …' international operations. Our results show that regulatory tightening can explain about half of the decline in the foreign lending …
Persistent link: https://www.econbiz.de/10012977751
international financial markets. Using a longer time series and broader sample of countries than in previous studies, it identifies … global factors driving cross-border bank flows, alongside country-specific factors. It confirms the explanatory power of US … financial conditions, with flows decreasing in market volatility (VIX) and term premia, and increasing in bank leverage, growth …
Persistent link: https://www.econbiz.de/10013053045
interconnectedness risk, under extreme adverse scenarios, in banking systems in mature and emerging market countries, and between …
Persistent link: https://www.econbiz.de/10013147114
This paper presents recent trends in bank ownership across countries and summarizes the evidence regarding the … implications of bank ownership structure for bank performance and competition, financial stability, and access to finance. The … competition in host banking sectors, and help stabilize credit when host countries face idiosyncratic shocks. But there are …
Persistent link: https://www.econbiz.de/10012957838
identifies some key patterns of cross-border investment in bank subsidiaries by key banking groups in sub-Saharan Africa (SSA …) and discusses some of the determinants of this investment. Using a gravity model relating the annual value of a banking …-border banking is in part driven by a search for yield, diversification, and expansion for strategic reasons …
Persistent link: https://www.econbiz.de/10012865119
This paper examines the association between the default risk of foreign bank subsidiaries in developing countries and … parents. Host country bank regulations also influence the extent to which shocks to the parents affect the subsidiaries … restrictions on bank activities …
Persistent link: https://www.econbiz.de/10012977861