Showing 1 - 10 of 707
greater insider ownership leads to less equity issuances. Several tests are consistent with the view that bank insiders are … between bank equity and lending, the results stress that ownership structure can shape the resilience of banks-and hence the …
Persistent link: https://www.econbiz.de/10012418825
We construct a novel measure of bank performance, investigate its determinants, and show that it affects bank … inefficiencies, rather than monetary or regulatory measures, were the main driver of bank underperformance. We also show that higher …
Persistent link: https://www.econbiz.de/10014528253
We develop a dynamic structural model of bank behaviour that provides a microeconomic foundation for bank capital and …
Persistent link: https://www.econbiz.de/10011975498
fact, the largest when the bank is foreign. Our evidence suggest that investors value relationships with more competitive … applicable also to the European markets where regulatory and economic borders do not coincide and bank identities and reputation … seem to matter a great deal. -- Relationship banking ; bank organization ; bank origin ; loan announcement return …
Persistent link: https://www.econbiz.de/10003832012
Recent policy discussion includes the introduction of diversification requirements for sovereign bond portfolios of … European banks. In this paper, we evaluate the possible effects of these constraints on risk and diversification in the … analysis. We then analyse the risk and diversification in the sovereign bond portfolios of the largest European banks and …
Persistent link: https://www.econbiz.de/10012197781
stakes or institutional holdings. We investigate the effects of these bank-firm governance links on the global syndicated … the endogeneity of the bank-firm governance link. Our findings suggest that the benefits of bank involvement in firms …
Persistent link: https://www.econbiz.de/10003867057
signal on bank project quality, short-term wholesale financiers have lower incentives to conduct costly monitoring, and …
Persistent link: https://www.econbiz.de/10009640317
signal on bank project quality, short-term wholesale financiers have lower incentives to conduct costly monitoring, and …
Persistent link: https://www.econbiz.de/10003986678
This paper proposes a framework for deriving early-warning models with optimal out-of-sample forecasting properties and applies it to predicting distress in European banks. The main contributions of the paper are threefold. First, the paper introduces a conceptual framework to guide the process...
Persistent link: https://www.econbiz.de/10011920949
We investigate the impact of macroprudential capital requirements on bank lending behaviour across economic sectors … to central bank funding. These results have important policy implications as they provide evidence on the impact of …
Persistent link: https://www.econbiz.de/10012241280