Narrow search
Showing 1 - 10 of 91
Cover Image
Market Timing, Maturity Mismatch, and Risk Management: Evidence from the Banking Industry
Ruprecht, Benedikt; Entrop, Oliver; Kick, Thomas; … - 2013
exogeneity tests indicate that both decisions are only endogenous to one another for banks that start using swaps for the first … time. For other banks, the maturity gap is exogenous to the decision to use swaps, but the reverse relationship is … endogenous. For banks with trading activity, both decisions are exogenous to one another. We interpret these findings as the …
Persistent link: https://www.econbiz.de/10010329270
Cover Image
Market timing, maturity mismatch, and risk management: Evidence from the banking industry
Ruprecht, Benedikt; Entrop, Oliver; Kick, Thomas; … - 2013
likelihood of bank distress makes banks reduce their on-balance sheet interest rate exposure and simultaneously intensify their … swap use. Exogeneity tests indicate that both decisions are only endogenous to each other for banks that start using swaps … for the first time. For other banks, the maturity gap is endogenous to the decision to use swaps, but the reverse …
Persistent link: https://www.econbiz.de/10010332885
Cover Image
Market timing, maturity mismatch, and risk management : evidence from the banking industry
Ruprecht, Benedikt; Entrop, Oliver; Kick, Thomas; … - 2013
likelihood of bank distress makes banks reduce their on-balance sheet interest rate exposure and simultaneously intensify their … swap use. Exogeneity tests indicate that both decisions are only endogenous to each other for banks that start using swaps … for the first time. For other banks, the maturity gap is endogenous to the decision to use swaps, but the reverse …
Persistent link: https://www.econbiz.de/10010248947
Cover Image
Market timing, maturity mismatch, and risk management : evidence from the banking industry ; conference paper
Ruprecht, Benedikt; Entrop, Oliver; Kick, Thomas; … - 2013
exogeneity tests indicate that both decisions are only endogenous to one another for banks that start using swaps for the first … time. For other banks, the maturity gap is exogenous to the decision to use swaps, but the reverse relationship is … endogenous. For banks with trading activity, both decisions are exogenous to one another. We interpret these findings as the …
Persistent link: https://www.econbiz.de/10010343773
Cover Image
Market timing, maturity mismatch, and risk management: Evidence from the banking industry
Ruprecht, Benedikt; Entrop, Oliver; Kick, Thomas; … - Deutsche Bundesbank - 2013
likelihood of bank distress makes banks reduce their on-balance sheet interest rate exposure and simultaneously intensify their … swap use. Exogeneity tests indicate that both decisions are only endogenous to each other for banks that start using swaps … for the first time. For other banks, the maturity gap is endogenous to the decision to use swaps, but the reverse …
Persistent link: https://www.econbiz.de/10010957157
Cover Image
Market Timing, Maturity Mismatch, and Risk Management: Evidence from the Banking Industry
Ruprecht, Benedikt; Entrop, Oliver; Kick, Thomas; … - Verein für Socialpolitik - VfS - 2013
exogeneity tests indicate that both decisions are only endogenous to one another for banks that start using swaps for the first … time. For other banks, the maturity gap is exogenous to the decision to use swaps, but the reverse relationship is … endogenous. For banks with trading activity, both decisions are exogenous to one another. We interpret these findings as the …
Persistent link: https://www.econbiz.de/10010957916
Cover Image
Executive board composition and bank risk taking
Berger, Allen N.; Kick, Thomas; Schaeck, Klaus - 2012
Little is known about how socioeconomic characteristics of executive teams affect corporate governance in banking. Exploiting a unique dataset, we show how age, gender, and education composition of executive teams affect risk taking of financial institutions. First, we establish that age,...
Persistent link: https://www.econbiz.de/10010308267
Cover Image
Executive Board Composition and Bank Risk Taking
Berger, Allen N.; Kick, Thomas; Schaeck, Klaus - Bangor Business School, Bangor University - 2012
Little is known about how socioeconomic characteristics of executive teams affect corporate governance in banking. Exploiting a unique dataset, we show how age, gender, and education composition of executive teams affect risk taking of financial institutions. First, we establish that age,...
Persistent link: https://www.econbiz.de/10010906176
Cover Image
Executive board composition and bank risk taking
Berger, Allen N.; Kick, Thomas; Schaeck, Klaus - In: Journal of Corporate Finance 28 (2014) C, pp. 48-65
Little is known about how the demographic characteristics of executive teams affect corporate governance in banking. Exploiting a unique dataset, we investigate how age, gender, and educational composition of executive teams affect the portfolio risk of financial institutions. Using...
Persistent link: https://www.econbiz.de/10010939806
Cover Image
Executive board composition and bank risk taking
Berger, Allen N.; Kick, Thomas; Schaeck, Klaus - Deutsche Bundesbank - 2012
Little is known about how socioeconomic characteristics of executive teams affect corporate governance in banking. Exploiting a unique dataset, we show how age, gender, and education composition of executive teams affect risk taking of financial institutions. First, we establish that age,...
Persistent link: https://www.econbiz.de/10010957149