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Russia has witnessed a high number of bank failures over the last two decades. Using monthly data for 2002 …-2020, spanning four election cycles, we test the hypothesis that bank failures are less likely before presidential elections. We find … that bank failures are less likely to occur in the twelve months leading up to an election. However, we do not observe …
Persistent link: https://www.econbiz.de/10014258805
Russia has witnessed a high number of bank failures over the last two decades. Using monthly data for 2002 …-2020, spanning four election cycles, we test the hypothesis that bank failures are less likely before presidential elections. We find … that bank failures are less likely to occur in the twelve months leading up to an election. However, we do not observe …
Persistent link: https://www.econbiz.de/10013373373
State-owned banks tend to increase lending before elections for the purpose of boosting the re-election odds of incumbent politicians. We employ monthly data on individual banks to study whether Russian banks increased their lending before presidential elections during 2004-2019, a period...
Persistent link: https://www.econbiz.de/10012182004
State-owned banks tend to increase lending before elections for the purpose of boosting the re-election odds of incumbent politicians. We employ monthly data on individual banks to study whether Russian banks increased their lending before presidential elections during 2004-2019, a period...
Persistent link: https://www.econbiz.de/10012614230
The aim of this study is to investigate the impact of corruption on bank lending in Russia. This issue is of major … regional measures of corruption and bank-level data to perform this investigation. Our main estimations show that corruption … hampers bank lending in Russia. We investigate whether this negative role of corruption is influenced by the degree of bank …
Persistent link: https://www.econbiz.de/10005509734
The aim of this study is to investigate the impact of corruption on bank lending in Russia. This issue is of major … regional measures of corruption and bank-level data to perform this investigation. Our main estimations show that corruption … hampers bank lending in Russia. We investigate whether this negative role of corruption is influenced by the degree of bank …
Persistent link: https://www.econbiz.de/10005190671
This paper considers whether local bank participation exerts an impact on the spreads for syndicated loans in Russia … variables including information on local bank participation and the characteristics of loans and borrowers. Unlike earlier … local presence may influence a foreign bank’s monitoring ability and access to information about borrowers. We observe no …
Persistent link: https://www.econbiz.de/10005034669