Showing 1 - 10 of 795
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
This paper finds that shareholder-friendly corporate governance is positively associated with bank insolvency risk, as …-08 period. Banks are special in that "good" corporate governance increases bank insolvency risk relatively more for banks that … capital ratio. Furthermore, good corporate governance is associated with more bank risk-taking at times of rapid economic …
Persistent link: https://www.econbiz.de/10012972797
This paper reports on the latest update of the Worldwide Governance Indicators (WGI) research project, covering 212 countries and territories and measuring six dimensions of governance between 1996 and 2006: Voice and Accountability, Political Stability and Absence of Violence, Government...
Persistent link: https://www.econbiz.de/10014049000
This paper studies the dynamics of credit supply when a negative shock impacts a substantial share of bank loans. The … analysis exploits the 2014 collapse of energy prices, using the universe of Mexican commercial bank loans. The findings show …
Persistent link: https://www.econbiz.de/10012838006
Theory suggests that the effect of banking market concentration on financial stability is mediated by several competing variables. Using a sample of 68 countries from 1997 to 2015, this paper proposes a unified empirical framework to test for the simultaneous presence and impact of the mediators...
Persistent link: https://www.econbiz.de/10012909356
This paper explores the empirical relationship between bank competition, bank concentration, and the emergence of … emerge in economies characterized by a high degree of bank concentration. The authors argue that the reason for this finding … contrast, the data show no significant relationship between bank competition or concentration and the emergence of a public …
Persistent link: https://www.econbiz.de/10012974411
room for monetary and fiscal policies to respond to shocks has eroded; underlying growth potential has slowed; and the … shocks. The subsequent decade of anemic growth underlines the need for sound policy frameworks, institutions, and business … environments to promote sustained growth. With the global growth outlook weakening and vulnerabilities rising, the policy priority …
Persistent link: https://www.econbiz.de/10012841602
business environment variables at the subnational level in explaining firm employment and productivity growth. The analysis …
Persistent link: https://www.econbiz.de/10012951517
This paper examines the causal relationship between energy efficiency and economic growth based on panel data for 56 … of a long-run Granger causality from economic growth to lower energy intensity for all countries. The study also finds … evidence of long-run bidirectional causality between lower energy intensity and higher economic growth for middle …
Persistent link: https://www.econbiz.de/10012954323
and poor adults. This paper provides an overview of financial inclusion around the world and reviews the recent empirical … contribute to inclusive growth and economic development. This paper also discusses some of the challenges to achieving greater …
Persistent link: https://www.econbiz.de/10012957773