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We analyze the impact of efficiency on bank risk. We also consider whether bank capital has an effect on this … supporting the bad management and efficiency version of the moral hazard hypotheses. In contrast, bank efficiency improvements … contribute to shore up bank capital levels. Our findings suggest that banks lagging behind in their efficiency levels might …
Persistent link: https://www.econbiz.de/10003973573
estimates of the persistence of bank profit are reported and compared. The persistence of bank profit appears to be weaker for …
Persistent link: https://www.econbiz.de/10013132655
estimates of the persistence of bank profit are reported and compared. The persistence of bank profit appears to be weaker for …
Persistent link: https://www.econbiz.de/10013134151
of individual banks. In particular, we analyse the value relevance of bank cost efficiency and total factor productivity …
Persistent link: https://www.econbiz.de/10013136812
The recent period of crisis in credit markets has highlighted the crucial role of bank risk taking. Our paper assesses … the inter-temporal relationships among bank efficiency, capital and bank risk-taking in the EU-26 commercial banking …
Persistent link: https://www.econbiz.de/10013136814
regional focus. In this paper we construct measures of competition and economic activity using regional data to examine bank … exists between regional bank competition and risks. Furthermore, regional economic conditions play a significant role in …
Persistent link: https://www.econbiz.de/10013138534
This paper explores the ability of financial analysts to gauge the risk taken by banks and investigates the impact of the recent financial crisis. Using a sample of 36,343 analyst forecasts issued for 411 European banks over 2003-2009 we find that analyst forecasts are influenced by risk, the...
Persistent link: https://www.econbiz.de/10013113856
This paper examines the determinants and convergence of bank profitability in eight European Union member countries …, between 1992 and 2007, using a dynamic panel model. There is evidence of persistence of abnormal bank profit from one year to … persistence of EU bank profit was lower in 1999-2007 than it was in 1992-98 in six of the eight countries. This suggests there has …
Persistent link: https://www.econbiz.de/10013070563
efficient than conventional banks in Indonesia, Pakistan, Turkey and United Arab Emirates, and less efficient in Bangladesh …
Persistent link: https://www.econbiz.de/10012927371
The recent period of crisis in credit markets has highlighted the crucial role of bank risk taking. Our paper assesses … the inter-temporal relationships among bank efficiency, capital and bank risk-taking in the EU-26 commercial banking …
Persistent link: https://www.econbiz.de/10013153674