Showing 1 - 10 of 185
Brazilian banks and show that this methodology has the potential to improve simulated transition probabilities as compared to …
Persistent link: https://www.econbiz.de/10005825598
Traditionally, the impacts of the rights of financial institutions and workers on corporate performance have been analyzed independently. Yet, theory clearly indicates that the combination of relative powers of different stakeholders affects a firm overall performance. Using U.S. state level and...
Persistent link: https://www.econbiz.de/10005825652
The recent wave of foreign investment in China's banks and the prospects of further opening of the banking sector under … the WTO agreement suggest that foreign banks are likely to play an increasingly important role in China. This paper takes … stock of the involvement of foreign banks in the Chinese banking sector in the perspective of international experience …
Persistent link: https://www.econbiz.de/10005825702
In contrast to corporate defaults, regulators typically take a number of statutory actions to avoid the large fiscal costs associated with bank defaults. The distance-to-default, a widely used market-based measure of corporate default risk, ignores such regulatory actions. To overcome this...
Persistent link: https://www.econbiz.de/10005825824
development and becomes relatively less important as the economy develops, and why banks may retard financial sector development …
Persistent link: https://www.econbiz.de/10005826055
This paper presents a model of a banking industry with heterogeneous banks that delivers predictions on the … relationship between banks' risk of failure, market structure, bank ownership, and banks' screening and bankruptcy costs. These … predictions are explored empirically using a panel of individual banks data and ownership information including more than 10 …
Persistent link: https://www.econbiz.de/10005826093
The global financial crisis has highlighted the importance of early identification of weak banks: when problems are … of banking distress in Europe. We identify a set of indicators and thresholds that can help to distinguish sound banks …
Persistent link: https://www.econbiz.de/10005826186
has been associated with a rise in efficiency. Moreover, on average, larger banks and foreign-owned banks have become more … efficient, while smaller banks have become less efficient in the face of increased competitive pressures. …
Persistent link: https://www.econbiz.de/10005826275
This study investigates the relationship between production efficiency in financial intermediation and financial system size. The study predicts and tests for the existence of "systemic scale economies" (SSEs), whereby value-maximizing intermediaries operating in large systems are expected to...
Persistent link: https://www.econbiz.de/10005826361
The large holdings of government securities by banks in India draw attention to their risk as interest rates are at … management by banks. The main finding is that some public sector and old private banks are vulnerable to a reversal of the … interest rate cycle, while foreign and new private banks have built adequate defenses. In this regard, the paper makes a number …
Persistent link: https://www.econbiz.de/10005826476