Showing 1 - 10 of 559
Although keeping bank supervision independent from macroprudential supervision may ensure more checks and balances …, placing bank supervision in the central bank could exploit synergies with macroprudential supervision. This paper studies … as financial stability policy, typically entrusted to the central bank, can improve financial stability. Specifically …
Persistent link: https://www.econbiz.de/10012971545
This paper examines how corporate governance and executive compensation affected bank capitalization strategies for an … to lower bank capitalization. Boards of intermediate size, separation of the chief executive officer and chairman roles …, and an absence of anti-takeover provisions, in particular, lead to low bank capitalization. However, executive options and …
Persistent link: https://www.econbiz.de/10012973924
between bank lending specialization and bank performance and stability in an international sample. Theory suggests that banks … exposures, while not leading to higher returns. The paper also documents important time, cross-bank, and cross-county variation …
Persistent link: https://www.econbiz.de/10012973993
mechanism by which government interventions contribute to banks' risk-shifting behavior as reported in recent studies on bank … level runs via competition. (iv) Government interventions disparately affect bank customers' welfare. While liquidity …
Persistent link: https://www.econbiz.de/10012974479
This paper presents the latest update of the World Bank Bank Regulation and Supervision Survey, and explores two … on non-bank activities, (c) were less strict in the regulatory treatment of bad loans and loan losses, and (d) had weaker … schemes became more generous, and some reforms were introduced in the area of bank governance and bank resolution …
Persistent link: https://www.econbiz.de/10012974782
of bank competition on firms' access to finance. They find that low competition, as measured by high values of the Lerner … index, diminishes firms' access to finance, while commonly-used bank concentration measures are not robust predictors of … information, can mitigate the damaging impact of low competition. But other characteristics, such as high government bank …
Persistent link: https://www.econbiz.de/10012975068
This paper finds that lending by state banks is less procyclical than lending by private banks, especially in countries with good governance. Lending by state banks in high-income countries is even countercyclical. On the liability side, state banks expand potentially unstable non-deposit...
Persistent link: https://www.econbiz.de/10012975160
of private credit/gross domestic product; the positive effect of bank credit is especially pronounced in industries that …
Persistent link: https://www.econbiz.de/10012975631
This paper examines time-series and cross-country variations in default risk co-dependence in the global banking system. The authors construct a default risk measure for all publicly traded banks using the Merton contingent claim model, and examine the evolution of the correlation structure of...
Persistent link: https://www.econbiz.de/10012975691
This paper examines the factors that determine banking flows from advanced economies to emerging markets. In addition to the usual determinants of capital flows in terms of global push and local pull factors, it examines the role of bilateral factors, such as growth differentials and economic...
Persistent link: https://www.econbiz.de/10012975818