Showing 1 - 10 of 867
likelihood to issue equity. In contrast to this view, for an international sample of bank Seasoned Equity Offerings (SEOs), we …
Persistent link: https://www.econbiz.de/10011282681
(SEOs) and explore how the market reaction is influenced by aggregate systemic conditions and by the systemic risk …
Persistent link: https://www.econbiz.de/10011926736
Using count data on the number of bank failures in US states during the 1960 to 2006 period, this paper endeavors to … instruments to absorb potential endogeneity between the number of bank failures and economic and regulatory conditions. Results … suggest that bank failures are not merely self-fulfilling prophecies but relate systematically to inflation as well as to …
Persistent link: https://www.econbiz.de/10011430078
We examine the prudential implications of the co-existence between the standardized approach and the internal ratings-based (IRB) approach, as defined in the new Basle Accord. We consider a model in which sophisticated banks, eligible for the IRB approach, and unsophisticated banks, eligible for...
Persistent link: https://www.econbiz.de/10011430044
This paper analyzes the contagion effects associated with the failure of Silicon Valley Bank (SVB) and identifies bank … held-to-maturity securities, bank size, and cash holdings had a significant impact, while better-quality assets or holdings … rate hikes nor risks linked to bank size. While mid-sized banks experienced particular stress immediately after the SVB …
Persistent link: https://www.econbiz.de/10014540982
In recent years, regulators have increased their focus on the capital adequacy of banking institutions to enhance the stability of the financial system. The purpose of the present paper is to shed some light on whether and how Swiss Banks react to constraints placed by the regulator on their...
Persistent link: https://www.econbiz.de/10011430015
We give a precise operational definition to three requirements the Basel Committee on Banking Supervision specifies for stress tests: Plausibility and severity of stress scenarios as well as suggestiveness of risk reducing actions. The basic idea of our approach is to define a suitable region of...
Persistent link: https://www.econbiz.de/10013370067
geographical regions. To explore this issue, we use a unique data set of the individual bank loan portfolios of 983 German banks …
Persistent link: https://www.econbiz.de/10013370027
I evaluate a bank's incentives to implement a risk sensitive regulatory capital rule and to invest in improved risk …
Persistent link: https://www.econbiz.de/10012143664
Building on the ‘law and economics’ literature, this paper analyses corporategovernance implications of debt financing in an environment where a dominant owner isable to extract ex ante ‘private benefits of control’. Ownership concentration may result inlower efficiency, measured as a...
Persistent link: https://www.econbiz.de/10005868255