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This paper investigates to what extent risk management and corporate governance mitigate the involvement of banks in … credit boom and bust cycles. Using a unique, handcollected dataset on 156 banks from Central and Eastern Europe during 2005 …-2012, we assess whether banks with stronger risk management and corporate governance display more moderate credit growth in the …
Persistent link: https://www.econbiz.de/10011154574
This paper investigates to what extent risk management and corporate governance mitigate the involvement of banks in … credit boom and bust cycles. Using a unique, hand-collected dataset on 156 banks from Central and Eastern Europe during 2005 …-2012, we assess whether banks with stronger risk management and corporate governance display more moderate credit growth in the …
Persistent link: https://www.econbiz.de/10012972256
Relational contracts have been shown to mitigate moral hazard in labor and credit markets. A central assumption in most theoretical and experimental studies is that, upon misbehaving, agents can be excluded from their current source of income and have to resort to less attractive outside...
Persistent link: https://www.econbiz.de/10011154565
, suggesting that the asset-liability management of banks constrains the currency-portfolio choices of households. …
Persistent link: https://www.econbiz.de/10011154584
This paper examines the impact of credit reporting on the repayment behavior of borrowers. We implement an experimental credit market in which loan repayment is not third-party enforceable. We then compare market outcome with a public credit registry to that without a credit registry. This...
Persistent link: https://www.econbiz.de/10008925004
despite considerable restructuring, the Kyrgyz banking sector has not become more competitive. As a consequence, banks …
Persistent link: https://www.econbiz.de/10008925033
-level distress costs, and also examines the impact of information asymmetry between banks and firms. When foreign currency funds come … distress costs choose foreign currency loans. When the banks have imperfect information on the currency and level of firms …
Persistent link: https://www.econbiz.de/10008925048
We examine how asymmetric information and competition in the credit market affect voluntary information sharing between lenders. We study an experimental credit market in which information sharing can help lenders to distinguish good borrowers from bad ones, ecause borrowers may exogenously...
Persistent link: https://www.econbiz.de/10008925050
We investigate whether information sharing among banks has affected credit market performance in the transition …
Persistent link: https://www.econbiz.de/10008925061
banks than by the macroeconomic environment or the lack of creditor protection. We find no evidence that foreign bank … among firms in Eastern Europe, compared to Western Europe, is not driven by less need for credit or banks' reluctance to … small and opaque firms, as well as in countries with a strong presence of foreign banks, it seems that firms perceive …
Persistent link: https://www.econbiz.de/10008925062