Similar Search Results

Lusinyan, Lusine; Buch, Claudia M. - 2000

One key focus of the on-going debate on the integration of international financial markets have been measures to lengthen the maturity of foreign debt. Short-term debt is typically considered to be volatile and thus a potential trigger of currency crises. In contrast to the vivid policy debate...

Persistent link: https://www.econbiz.de/10010260432

Capital Market Integration in Euroland - The Role of Banks

Buch, Claudia M. - 1999

enhances the incentives of banks to expand within Euroland. Yet, while the currency bias in bank portfolios will be eliminated …

Persistent link: https://www.econbiz.de/10010260522

Managerial Incentives and the Efficiency of Capital Structure in U.S. Commercial Banking

Hughes, Joseph P.; Lang, William W.; Moon, Choon-Geol; … - 2004

-sectional data on publicly traded, highest-level U.S. bank holding companies, we find empirical evidence of Marcus? proposition (1984 …

Persistent link: https://www.econbiz.de/10010263221

Efficiency in banking: Theory, practice, and evidence

Hughes, Joseph P.; Mester, Loretta J. - 2008

Great strides have been made in the theory of bank technology in terms of explaining banks' comparative advantage in … theories to analyze the particular environment of banking. In recent years, the empirical modeling of bank technology and the … measurement of bank performance have begun to incorporate these theoretical developments and yield interesting insights that …

Persistent link: https://www.econbiz.de/10010266363

Bank behavior and bad loans: Implications for reforms in Eastern Europe

Buch, Claudia M. - 1995

Persistent link: https://www.econbiz.de/10010275166

The emerging financial systems of the Eastern European economics: A progress report

Buch, Claudia M. - 1995

Persistent link: https://www.econbiz.de/10010275327

Banking and balance of payments crises: On possible causes of the twin crises

Buch, Claudia M.; Heinrich, Ralph P. - 1998

Banking and balance of payments crises often happen quite simultaneously. We show that the impact of an expected devaluation on the net worth of commercial banks with a short open foreign exchange position speeds up the timing of a balance of payments crisis. We employ an asymmetric information...

Persistent link: https://www.econbiz.de/10010275494

Monetary policy and the transformation of the banking system in Eastern Europe

Buch, Claudia M. - 1995

Persistent link: https://www.econbiz.de/10010275637

Managerial incentives and the efficiency of capital structure

Hughes, Joseph P.; Lang, William W.; Moon, Choon-Geol; … - 2001

banking. Using cross-sectional data on publicly traded, highest-level U.S. bank holding companies, we find empirical evidence …

Persistent link: https://www.econbiz.de/10010318364

Do bankers sacrifice value to build empires? Managerial incentives, industry consolidation, and financial performance

Hughes, Joseph P.; Lang, William W.; Mester, Loretta J.; … - 2001

Bank consolidation is a global phenomenon. It may enhance the value of firms in the industry if, for example, it is … bank holding companies in the U.S., we find strong evidence of managerial entrenchment that influences how asset … acquisitions and sales affect financial performance. We measure bank financial performance both by Tobin's q ratio and by its …

Persistent link: https://www.econbiz.de/10010318372