Showing 1 - 10 of 550
This paper assesses the impact of the geographic diversification of bank holding company (BHC) assets across the United … States on their market valuations. Using two novel identification strategies based on the dynamic process of interstate bank …
Persistent link: https://www.econbiz.de/10014396954
China has experienced rapid economic growth over the past two decades and is on the brink of eradicating poverty …. However, income inequality increased sharply from the early 1980s and rendered China among the most unequal countries in the … world. This trend has started to reverse as China has experienced a modest decline in inequality since 2008. This paper …
Persistent link: https://www.econbiz.de/10011866405
entry matters more than access to the rest of China, which is consistent with market fragmentation due to underdeveloped …
Persistent link: https://www.econbiz.de/10014400961
State-owned enterprises (SOEs) are present in key sectors of the economies around the world. While they can provide an important public service, there is widespread concern that their activities are negatively affected by corruption. However, there is limited cross-country analysis on the costs...
Persistent link: https://www.econbiz.de/10012154817
Persistent link: https://www.econbiz.de/10009487107
We examine a large panel of more than 100 banks from Argentina to study the effects of bank consolidation on … performance between December 1995 and December 2000, a period of heavy bank consolidation and relative calm. Overall, we find a … positive and significant effect of bank consolidation on bank performance. Bank returns increase with consolidation, and …
Persistent link: https://www.econbiz.de/10014401147
relationship between banks'' risk of failure, market structure, bank ownership, and banks'' screening and bankruptcy costs. These …,000 bank-year observations for 133 non-industrialized countries during the 1993-2004 period. Four main results obtain. First …, the positive and significant relationship between bank concentration and bank risk of failure found in Boyd, De Nicolò and …
Persistent link: https://www.econbiz.de/10014400121
commercial bank efficiency by applying a version of Data Envelopment Analysis (DEA) to bank-level data from a wide range of … transition countries. In addition to stressing the importance of some bank-specific variables, the censored Tobit analysis … suggests that (1) foreign ownership with controlling power and enterprise restructuring enhances commercial bank efficiency; (2 …
Persistent link: https://www.econbiz.de/10014401624
This study examines the effect of financial-sector reform on bank performance in selected Middle Eastern and North … African (MENA) countries in the period 1994 -2008. We evaluate bank efficiency in Egypt, Jordan, Morocco, Lebanon and Tunisia … bank specific variables on bank efficiency. Overall, the analysis shows that, despite similarities in the process of …
Persistent link: https://www.econbiz.de/10014402556
We document that publicly listed Chinese state-owned enterprises (SOEs) are less productive and profitable than publicly listed firms in which the state has no ownership stake. In particular, Chinese listed SOEs are more capital intensive and have a lower average product of capital than...
Persistent link: https://www.econbiz.de/10012518918