Showing 1 - 10 of 420
The paper assesses the degree of banking competition and efficiency in Italy?over time as well as compared to that in … other countries, such as France, Germany, Spain, the United Kingdom, and the United States. The paper finds competition in … highcost, high-income system, particularly with respect to retail/services, and efficiency gains have yet to fully materialize …
Persistent link: https://www.econbiz.de/10014400137
Persistent link: https://www.econbiz.de/10010441888
Sound corporate governance is essential for a well-functioning banking system and the integrity of financial markets. The paper discusses the corporate governance of Italian banks, its regulatory framework, and the specific challenges arising from the role played by foundations and large...
Persistent link: https://www.econbiz.de/10014411639
far-reaching banking sector reforms undertaken in Uganda to improve competition and efficiency. Using models that have … been previously used only in industrial countries, we find that the level of competition has increased significantly and … has been associated with a rise in efficiency. Moreover, on average, larger banks and foreign-owned banks have become more …
Persistent link: https://www.econbiz.de/10014402039
This paper examines the case for efficiency-driven banking sector consolidation in Italy, evaluates its potential … gradually recovers, operational efficiency gains are nonetheless needed to restore large parts of the banking system to healthy … profitability. Banking system consolidation can play a role in facilitating such efficiency gains, but its effectiveness is likely …
Persistent link: https://www.econbiz.de/10011705343
firms in the non-financial sector. It finds that bank competition has an overall positive effect on firm creation. However … firms, it also finds that asymmetric information limits the overall positive effect of bank competition on firm creation …. Indeed, bank competition is less favorable to the emergence of new firms in industrial sectors where informational …
Persistent link: https://www.econbiz.de/10014403643
The objective of the paper is to assess ownership and control links in the GCC corporate sector. The analysis focuses on the integrated ownership and network arising from ownership data available in Bloomberg and GCC stock exchanges. The paper finds that ownership is concentrated in GCC public...
Persistent link: https://www.econbiz.de/10011373923
across Italy's provinces. Exploiting the large heterogeneity in the efficiency of the public sector across Italian provinces …This paper studies the effect of public sector efficiency on firm productivity using data from more than 400,000 firms … significantly reduces the labor productivity of private sector firms. The results suggest that raising public sector efficiency …
Persistent link: https://www.econbiz.de/10011447149
Persistent link: https://www.econbiz.de/10010388663
This paper examines the role of removing obstacles to competition in product markets in raising growth and productivity …. Using firm-level data from Italy during 2003-13 and OECD measures of product market regulation, we estimate the effect of …
Persistent link: https://www.econbiz.de/10011711558