Narrow search
Showing 1 - 10 of 267
Cover Image
Collateral Monitoring and Bank Regulation
Mallick, Indrajit - Volkswirtschaftliche Fakultät, … - 2002
We present a theory of banking regulation affecting procedural compliance in monitoring collateral in secured debt …, no ex post strategy is available to the regulator once the bad state has occurred. We argue that the collateral value is …
Persistent link: https://www.econbiz.de/10009246896
Cover Image
Some problems SME (in Russia)
Sidorchuk, Roman - Volkswirtschaftliche Fakultät, … - 2008
critical corner of sight activity on support of SME in Russia is considered. Problems of small business are formulated and …
Persistent link: https://www.econbiz.de/10008559036
Cover Image
Do Trust-Based Relations Improve Firm’s Performance? Evidence from Transition Economies
Berulava, George - Volkswirtschaftliche Fakultät, … - 2013
The purpose of this paper is to analyze the impact of trust-based relations on firm’s performance in transition economies. The trade credit variable is used as a proxy of trust-based relations and the propensity score matching method is employed to establish casual link between relational...
Persistent link: https://www.econbiz.de/10011260550
Cover Image
Trading companies as financial intermediaries in Japan
Ono, Masanori - Volkswirtschaftliche Fakultät, … - 2009
financing passing through a GTC’s balance sheet positively correlates with banking financing. Therefore, the Meltzer hypothesis … concert with banking financing. A major difference between related and non-related companies lies in the way in which trade …
Persistent link: https://www.econbiz.de/10005089326
Cover Image
Bank credit, trade credit or no credit: Evidence from the Surveys of Small Business Finances
Cole, Rebel - Volkswirtschaftliche Fakultät, … - 2010
In this study, we use data from the SSBFs to provide new information about the use of credit by small businesses in the U.S. More specifically, we first analyze firms that do and do not use credit; and then analyze why some firms use trade credit while others use bank credit. We find that one in...
Persistent link: https://www.econbiz.de/10008615030
Cover Image
Caractéristiques informationnelles du secteur d'activité et recours au crédit fournisseur
Vigneron, Ludovic; Daïri, Meriam - Volkswirtschaftliche Fakultät, … - 2013
We examine PME trade credit use across industry sectors in France between 2001 and 2010. Our main results provide evidence that suppliers efficiently deal with informational problems. First, we notice that trade credit is more important in firms total funding in sectors where standard deviations...
Persistent link: https://www.econbiz.de/10011112266
Cover Image
Improving credit allocation to sustainable agriculture in Sub-Saharan Africa: Review of bio-based economy benefits
Benjamin, Olatunbosun - Volkswirtschaftliche Fakultät, … - 2012
Financing of agriculture by commercial and non-commercial institutions in rural Sub-Saharan African in recent years has being relatively constant despite remarkable increase in the number of institutions operating within this area. This development may be attributed to how these institutions...
Persistent link: https://www.econbiz.de/10011258880
Cover Image
The Zeeman Effect in Finance: Libor Spectroscopy and Basis Risk Management
Marco, Bianchetti - Volkswirtschaftliche Fakultät, … - 2011
Once upon a time there was a classical financial world in which all the Libors were equal. Standard textbooks taught that simple relations held, such that, for example, a 6 months Libor Deposit was replicable with a 3 months Libor Deposits plus a 3x6 months Forward Rate Agreement (FRA), and that...
Persistent link: https://www.econbiz.de/10011259157
Cover Image
Markets Evolution After the Credit Crunch
Bianchetti, Marco; Carlicchi, Mattia - Volkswirtschaftliche Fakultät, … - 2012
diffusion of collateral agreements among OTC derivatives market counterparties, and on the consequent change of paradigm for …
Persistent link: https://www.econbiz.de/10011260721
Cover Image
The cost of counterparty risk and collateralization in longevity swaps
Biffis, Enrico; Blake, David; Pitotti, Lorenzo; Sun, Ariel - Volkswirtschaftliche Fakultät, … - 2011
collateralization. We examine the impact of bilateral default risk and collateral rules on the marking to market of longevity swaps, and … show how longevity swap rates must be determined endogenously from the collateral flows associated with the marking … presence of symmetric default risk, but more pronounced when default risk and/or collateral rules are asymmetric. Our results …
Persistent link: https://www.econbiz.de/10009399166