Showing 1 - 10 of 549
This paper finds that shareholder-friendly corporate governance is positively associated with bank insolvency risk, as proxied by the Z-score and the Merton's distance to default measure, for an international sample of banks over the 2004-08 period. Banks are special in that "good" corporate...
Persistent link: https://www.econbiz.de/10012972797
This paper examines how corporate governance and executive compensation affected bank capitalization strategies for an international sample of banks in 2003-2011. "Good" corporate governance, which favors shareholder interests, is found to give rise to lower bank capitalization. Boards of...
Persistent link: https://www.econbiz.de/10012973924
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
This paper examines how different establishments performed during the recent global financial crisis, focusing on the role of foreign ownership. The paper investigates how foreign ownership affected establishments' responses to negative economic shocks, using a cross-country panel dataset with...
Persistent link: https://www.econbiz.de/10012975504
, without compromising the prudential needs of investors. The paper draws on the experience of seven SME Exchanges and the World …
Persistent link: https://www.econbiz.de/10012972279
parts of the world. The paper also describes the conditions in which self-regulation might be an effective element of … are responsible, in markets around the world. Issues that are important to the effective operation of self …-regulatory organizations are discussed, such as corporate governance, managing conflicts of interest, and regulatory oversight by government …
Persistent link: https://www.econbiz.de/10012976195
This paper analyzes the finances of Egypt's listed firms and the performance of the Egyptian stock exchange during the period 2003-07/08. Egyptian companies can be clearly divided into a top tier and a second tier. Egypt's top tier of listed firms tends to finance themselves mainly from...
Persistent link: https://www.econbiz.de/10012976683
and facilitation paradigms, while offering a better assessment of the role of local democratic institutions for government …
Persistent link: https://www.econbiz.de/10012889564
Industry and financial profiles of MENA firms may underpin the observation that MENA country exports are below potential and skewed toward low value-added goods that are unable to spur rapid job creation and inclusive growth. To assess this link, the paper combines analysis highlighting external...
Persistent link: https://www.econbiz.de/10012969668
The paper uses the latest 2011 round of the Business Environment and Enterprise Performance Survey for the Russian Federation, which for the first time was designed to be representative of Russian regions. The paper takes a closer look at regional-level factors influencing the business...
Persistent link: https://www.econbiz.de/10012972727