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The Central European banking industry is dominated by foreign-owned banks. During the recent crisis, for the first time since the transition, foreign parent companies were frequently in worse financial conditions than their subsidiaries. This situation created a unique opportunity to study new...
Persistent link: https://www.econbiz.de/10013065990
The Central European banking industry is dominated by foreign-owned banks. During the recent crisis, for the first time since the transition to a post-Communist era in this region, foreign parent companies were frequently in worse financial conditions than their subsidiaries. This situation...
Persistent link: https://www.econbiz.de/10013066416
competition. We find that the cost of bank loans is lower for firms facing less intense local product market competition after the …We investigate the influences of local product market competition on the cost of private debt. Our evidence suggests … that the cost of bank loans is significantly higher for firms headquartered in states with greater local product market …
Persistent link: https://www.econbiz.de/10012828042
competition and consumer protection policies as well as direct interventions discouraging large value cash payments would be …
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competition and consumer protection policies as well as direct interventions discouraging large value cash payments would be …
Persistent link: https://www.econbiz.de/10011201806
Recent cross-country comparisons of bank efficiency have been based on pooled estimates of banks across countries and … technical efficiency is a significant deterrence to foreign competition. …
Persistent link: https://www.econbiz.de/10005423697